Money

Money Unlock your entitlements: 12 amazing benefits for older Australians Australia has a raft of benefits lurking within its retirement income and health system, often with confusing eligibility and application processes. Carolyn Tate summarises 12 great support services, concessions and rebates available to many older Australians.

Money Understanding superannuation and how retirement income works Have you ever wanted to understand more about retirement income sources and how money works once you officially stop accumulating superannuation? Nicole Pedersen-McKinnon explains the basics of how superannuation income streams work (and how they fit in with the age pension and tax).

Money 6 awesome cards and concessions older Australians should apply for From Medicare through to Seniors cards, here are 6 great cards that make living in Australia cheaper and better for older Australians. Sure, some of these cards have eligibility requirements, but take a look at what’s on offer (including Citro’s new card, available to all our members).

Money How to make a free Will online Online Wills work for some people but aren’t ideal for everyone. Here’s what you need to know about making a digital Will to make sure you don’t leave a headache behind for your loved ones.

Money Estate matters: an essential guide to probate Probate is the name of the legal process through which a person who has passed away's estate is administered according to their legal wishes, usually through their Will. The probate process settles the affairs of the departed and safeguards the rights of beneficiaries and creditors. While probate laws vary from one Australian state or territory to another, there are fundamental steps that are common to most cases, writes Margaret McKay.

Money Gifts and loans: how to safeguard your relationships Balancing generosity with sound financial and legal advice matters. It can be hard to see someone you care about struggling financially but gifting or lending money can affect age pension entitlements and your tax position. Whether you have a lot to give or a little, Margaret McKay explains your rights and responsibilities.

Money Don't die intestate - the perils of passing without a Will Why make a Will when it might be challenged anyway? Margaret McKay explains the complicated ins and outs of dying without proper legal documents in place like a Will - and why it's worth doing.

Money Don't sell your home until you understand the downsizer bonus If you sell a family home that you've lived in for more than 10 years, you can use part of the proceeds to top up a less-than-healthy super balance (without paying any tax in the process). Nigel Bowen explains how this lucrative bonus worth $300,000 per person or $600,000 for a couple works.