Posts by The Muirfield Team
Superannuation…who gets it when you die?
When you die the Trustee of your super fund decides on the dependants who receive your super. Many people are blissfully unaware that their entire super, and often their insurance benefits, are up for grabs amongst the dependants they leave behind.
Read MoreNavigator Investors – New name, same investments!
For those of you with Aviva / Navigator investments, you will have received advice that your investments will now be branded MLC or MLC Navigator from 2nd October. As we have discussed with many of you, there will be no change to your existing investment structure. If you access the previous Aviva website you will…
Read More2010 Spring Newsletter
What an exciting week we have had in Geelong with the UCI championships held in our city. The final days also brought some wonderful weather which we have all been waiting for.
With football now behind us many will rue the missed opportunity of another AFL Premiership for Geelong.
As to matters financial …
Click here to read the 2010 Spring Newsletter
What an exciting week we have had in Geelong with the UCI championships held in our city. The final days also brought some wonderful weather which we have all been waiting for.
With football now behind us many will rue the missed opportunity of another AFL Premiership for Geelong.
As to matters financial …
Read MoreThings to consider with Aged Care
The amount of bond paid may have implications on pension payments, ongoing costs of aged care and the assets left to the estate. For example, in some situations, negotiating a higher bond may lead to discounts on fees and charges in exchange for the additional capital up front. This in turn may increase pension payments and reduce…
Read MoreAre Your Estate Plans Current?
Along with making a financial plan to assist in meeting your financial goals and objectives, it is also important that your Estate Planning provisions are kept up to date.
Areas of importance include:
* Wills
* Testamentary Trusts
* Powers of Attorney
Are these areas up to date? It is important to learn more about these issues and review them regularly.
Read MoreCentrelink Gifting Rules Explained
If you are in receipt of Centrelink pension you should consider the consequences of making a gift. Whilst you can gift or transfer assets to any value you choose your rate of pension or allowance may be affected if you exceed the allowable gifting amount.
The allowable gifting amount is $10,000 each financial year to a total of $30,000 in any five consecutive financial years. This amount applies regardless if you are a single person or couple.
Read More2010 Winter Newsletter
Happy New Financial Year!
What’s new in 2010-11
* Team Changes: Out: Rudd, Resource Super Tax In: Gillard, Resource Rent Tax
* Personal Income Tax changes – slight improvements
* Medical Expense Rebate – gets tougher
* Account Based Pensions – 50% minimum income rate to continue
* Centrelink Health Cards – are you a chance?
Click here to read the 2010 Winter Newsletter
Read MoreQuality Control at Muirfield
Our clients trust us with the responsibility of managing their financial affairs and this is not something we take lightly. Whilst we do not have a crystal ball to predict sharemarket movements we are actively involved in ensuring our clients investments are appropriate to their needs. As a client of Muirfield you will benefit from …
Read MoreWhats new in 2010/11?
There are a few changes that come into effect now that we are entering into the new year. Will you be affected? Prime Minister Julia Gillard has slashed the mining tax rate and cut the types of resources affected in order to secure an agreement with mining companies – lopping $1.5 billion from expected revenues in the process.
Read MoreInsurance 101 | Are You Covered?
No one likes to think about death but the reality is that unexpected events can and do happen. That’s why life insurance is so important.
Life insurance cover may provide your loved ones with a lump sum benefit upon your death or terminal illness. While no amount of money could ever compensate them adequately for your loss, the right amount of money could remove the burden of financial stress and cover the loss of income created by your death.
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