How did we help our very recent clients we have been asked twice this week?

How did we help our very recent clients we have been asked twice this week?

1.       ‘John’ we helped by consolidating his two supers & adding 1 m life cover as he has 4 young children to two different partners. As he is starting his own business he doesn’t have the cashflow to fund the premiums & hence his super equity will do so for some time.

2.       ‘Ann’ who is 57 we helped by  converting into a pension fund with a 15% taxx rebate  & allowing her to build capital in a zero taxx environment & constructing a portfolio for her from her lazy super which had been in cash since the GFC. Her new additional income is to be used to reduce debt on the rental property but it could be used to build up more retirement  capital in super.

3.       ‘Charles’  wanted to extend downstairs so that his 24 year old son had his own space. We have been building a portfolio from the equity so that Charles switches his debt into deductible debt. Charles who now has grandchildren wants to create an estate for his two children & currently 1 grandchild & we created an instant 500,000 estate with  level insurance to age 70.

4.       ‘Douglas’ who is also 57  used his portfolio dividends to reduce his margin loan by 70,000 & his now deductible mortgage. He has two supers which need to be optimised from a 15% taxx environment into a Zero tax pension with 15% taxx rebate. He needs  funds to support his daughter @ uni & fund his Merck.

5.       ‘Tyler’ wanted income protection as he had just finished his trade & wanted cover to provide an income to meet his mortgage & meals if he is disabled. He also contrary to our advice bought a brand new Ute as one does at that age of 21. How much did he lose when he drove it out of the yard?

6.       ‘William’ we have been counseling to complete his will & enduring power of attorney since he had a recent stroke whilst travelling overseas. We have reminded him of the 16.5% estate taxx that his estate might pay & these are not easy discussions.

7.       Let’s not forget ourselves. We were propositioned  by WOW to consider Life insurance from  their direct call centre. We asked for a quote for 500,00 & yes it was 578.75p.m. after their 10% discount. We immediately went to our own website www.johnmcauliffe.com.au  & which you can do also & mine was 412.83 through a major company. Yes a savings of 165.92p.m. or 1,9910 p.a. we could use that in many other areas. Rachel said it would take only 3 minutes to answer the questions. The major company needs a multi page application form & maybe blood tests & doctors reports. However they won’t debate the claim after they accept it as WOW or its insurer might.

8.       P.S all middle names.

 

We could continue but we trust this might help you to help yourself by contacting us now on 07 3848 1088 or email or our website

We simply do for you what we would do for ourselves if we were in your financial position.

You are different from everyone else & you need to discuss this over lunch with us.

 John McAuliffe