Money

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.

Money 6 ways to generate passive income The allure of passive income lies in its promise of financial freedom and flexibility. This holy grail of financial freedom offers the promise of earning money with minimal effort. Of course at Citro, we know that what's too good to be true usually is. But Carolyn Tate came up with these ideas to get you thinking (and earning).

Money 6 checks to make on your next super statement Most superannuation funds mail out their statements to members during September and October. If you’re still accumulating super, there are 6 checks worth doing to ensure everything is on track for the retirement you want.

Money 9 surprising ways to make extra cash (and have fun doing it)Remote work, side hustles, micro-businesses: if you’re looking to make some extra cash, there’s really never a better time to do it than during a cost of living crisis. Whether you’re still in the workforce and want to make some money, or you’ve retired but want to boost your income, Carolyn Tate explores the myriad opportunities to choose from.

Money 5 foundations for financial security (regardless of age)Like happiness, financial security can sometimes seem elusive: a faraway dream of 'one day’ when income, investments and planning magically align. But there is reassurance in knowing your future is well taken care of. Author and financial advisor Helen Baker explains her 5 foundations of financial security, especially for people who think the dream of financial security is too far away.