Selling the family home turns an asset Centrelink ignores into money it counts, and that scares a lot of people out of a move that would suit them better. Here's how the assets test, the 24-month exemption and the downsizer contribution actually work.
Downsizing can free up real money for retirement, but the gain is rarely the difference between the two house prices. Here's how to work out what you'd actually be left with, and what it would mean for your pension, before you call an agent.
Aged care costs in Australia come in four separate buckets, and the six-figure number families panic about is usually the most refundable part of the bill. Here's how the basic daily fee, care contributions, RADs and DAPs actually work — and why the family home rarely has to be sold.
Suddenly responsible for Mum or Dad's finances? Here's which documents matter, why a power of attorney doesn't open every door, and the simple habits that protect both your parent and you.
In a blended family, "we'll just leave everything to each other" is the plan most likely to end in court. Here's how life interests, testamentary trusts and binding super nominations let you look after your partner and your own children at the same time.
