July Monthly Musings

Good morning!
 Here is the July edition of our Monthly Musings straight to your inbox.
 
In this edition we will:

• cover off on the market movements for July,
• introduce the latest Episode 11 of 3 Minute Tech, where we look at “Estate Planning – Wills and Testamentary Trusts”,
• provide a paper in Focal Point where we discuss some of the rules associated with inheriting personal share investments, 
• feature a short feature video on our Private Wealth Adviser, Andrew Fry, and,
• suggest a good podcast to listen to and a good book to read.

We hope you enjoy.

Episode 11: Estate Planning – Wills and Testamentary Trusts

Making complicated concepts and terms, simple. In this episode, 3 Minute Tech covers the topic of “Estate Planning – Wills and Testamentary Trusts”

Inheriting Shares

In 1978, Australia abolished “death duties”, being taxes upon the estates of decedents. However, this doesn’t mean that taxes are not payable when individuals inherit wealth. There are numerous taxes that apply to estates, such as those payable on superannuation proceeds and capital gains on disposal of certain assets. Within the below, we highlight some of the rules associated with inheriting personal share investments.