Australia is on the cusp of a significant shift in its financial landscape as the transfer of generational wealth takes centre stage. In the coming years, a substantial amount of wealth is expected to pass from the older generation (notably baby boomers) to their children, presenting both opportunities and challenges for individuals, families, and our […]
READ MOREAs an advisor specialising in personal injury compensation payments management, I have seen firsthand the significant financial impact a settlement can have on a person’s life. One of the key considerations is how to best manage, preserve and optimise the settlement proceeds to ensure they can provide for and meet the claimant’s needs now and […]
READ MOREFor countless Australians, the allure of winning the lottery is the ultimate dream, stirring images of opulent lifestyles, world travels, and unfettered freedom. This vision, however, often glosses over the stark realities of sudden wealth, leading many down a path of financial uncertainty. The phenomenon of lottery winners facing financial distress is not merely anecdotal; […]
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