Entries by Vince Lam

Do you consult an Independent Financial Planner?

Many people find planning for their future and setting out long-term financial goals daunting. Is this caused by a fear of failure? If they are unable to reach that milestone they set? Perhaps a feeling of unwelcomed restriction? After all the most common word you will hear after the term ‘financial plan’ is usually budget.

Independent financial planners aim to make this process less of a chore. They look at your personal situation and provide advice on all areas of your finances. From estate planning and superannuation advice to asset management and aged care financial advice.

Wealth Planning: Family trusts in 60 seconds

Historically, Family Trusts originated in England hundreds of years ago. The original purpose was to avoid feudal dues payable on land transactions. A landowner would give a piece of land to a friend to “hold on in trust” for his descendants. This arrangement avoided paying dues as the land passed from one generation to the […]