Centrelink
Getting your planning right can make a real difference when it comes to qualifying for or maximising your Centrelink benefits. Our knowledge and experience will assist you to maximise your Centrelink entitlements without needlessly compromising your longer term wealth development and enhancement strategies.
Common areas of financial plans that impact on Centrelink planning include the family home, reverse mortgages, gifts and financial support to other people such as your adult children and the interplay of structures such as family trusts with the Centrelink rules.
We also assist clients with non-aged related Centrelink needs, such as disability or carer payments.
Relevant Articles...
![Talk About Perfect Timing!](https://sites.championit.com.au/wp-content/uploads/2023/11/young-pregnant-couple.jpg)
Talk About Perfect Timing!
Sometimes life’s timing is perfect. We have written before about the best way to use an inheritance. Last Sunday, we came across an almost ideal scenario for when a young couple could receive an inheritance. Here are some of the best ways this couple could respond. It’s food for thought for any younger person.
![When Mum and Dad are Bankers As Well](https://sites.championit.com.au/wp-content/uploads/2023/11/book-ledger.jpg)
When Mum and Dad are Bankers As Well
Recent estimates claim that the ‘Bank of Mum and Dad’ is Australia’s ninth largest lender. Given the state of house prices, this comes as no surprise. Most parents want to help their kids, especially with something as important as buying a home. But it is important that things be done correctly. There is such a thing as ‘the wrong way to help’ when it comes to one generation trying to help another.
![RBA’s Inflation Struggle: The ‘Feet in the Oven, Head in the Freezer’ Problem](https://sites.championit.com.au/wp-content/uploads/2023/06/red-car-covered-in-snow.jpg)
RBA’s Inflation Struggle: The ‘Feet in the Oven, Head in the Freezer’ Problem
If your feet are in an oven and your head is in the freezer, on average you probably feel quite comfortable. That’s the problem with averages. And it is a problem worth remembering when it comes to the task ahead of the RBA as they try to bring inflation down.
![Want a Lower Interest Rate? There’s no Harm in Asking](https://sites.championit.com.au/wp-content/uploads/2023/06/impossible.jpg)
Want a Lower Interest Rate? There’s no Harm in Asking
As interest rates continue to rise unabated, many of our clients are finding that things are getting tight. They are wondering what to do. Well, the first step for many people is to see if you can reduce that rate of interest.