Financial Advice Strategies
The information we provide on this website is General Advice only. What that means is that we don't take into account your personal investment objectives, financial situation or needs, so getting expert financial and legal advice is well worth it. If you don't have a financial adviser then you can contact us to point you to where you can find one. As well as the strategies that have already been covered in our website, the KeyInvest Life Events Bond can be used for more complex situations such as:
By using a Discretionary Trust to own a Life Events Bond, assessable income can be reduced for Aged Care means tested care fee calculations and Age Pension. This can result in higher Age Pension and lower means tested fees in Home or Residential Aged Care.
Qualifying for government benefits
Some government benefits are based on an adjusted taxable income calculation. A KeyInvest Life Events Bond may reduce your taxable income assisting you to access benefits such as:
- Commonwealth Seniors Health Card
- Seniors Tax Offset
Business Succession Planning
A high priority for business owners is succession planning. It is a complex area with many considerations and needs expert tax, financial and legal guidance. Buy-Sell agreements are commonly used as one element of succession planning. In most cases insurance policies are taken out on the lives of the parties making the agreement. Older business owners face hefty premiums and sometimes are unable to gain life cover. Insurance bonds can be used in these instances in conjunction with buy-sell agreements.
For more information contact your Financial Adviser.
KeyInvest is a trading name of KeyInvest Ltd ABN 74 087 649 474 AFSL 240667. KeyInvest is not authorised to carry on business in any country other than Australia. The information contained in this website is directed to and available for Australian residents only. Copyright © KeyInvest 2017 unless otherwise noted.