If you or a family member is considering moving into an Aged Care Facility, it’s vital to receive advice on the financial aspects, and how your circumstances and choices could impact the costs of Aged Care, your assets and estate planning. Below is a case study which outlines a strategy to use Challenger's CarePlus. What [...]
Jane wants to afford her ongoing aged care fees and living expenses and provide an inheritance for her children whilst retaining access to some funds. Jane is 85 and widowed. She was living on her own for some time after her husband passed away, but has become frail with age. By guest author: Challenger Jane [...]
A business valuation can help you get the best price for your business when it's time to sell or retire. If your indicative value is lower than you expected, then start work now to increase the value of your business. If you leave it too late, you may never be rewarded for the effort you [...]
A healthy body demands routine checks and examinations. So does a healthy, thriving business. No matter what stage your business is in, to keep it going you must check its systems, pay attention to any ailments and prevent early death. For the newborn business, the goals and system checks are relatively simple. Merely staying alive [...]
David, the sole practitioner of a legal firm, found that his revenue had stagnated and he was consistently facing cash flow problems. David was jolted into action by a frank conversation with his accountant. The accountant asked him how many hours he worked in his firm each year. The lawyer estimated approximately 2,000. The accountant [...]
