At Maddick Consulting one of the areas we in is Elder Advice. We would consider this generally financial advice when you are fully retired; in retirement we are confronted with complex financial systems and sometimes hard life choices, at Maddick Consulting Group we are here to help with common issues like;
- Decisions on where to live, should you sell the family home and buy something smaller?
- Many clients we advise have assets they have accumulated through their working life but no idea how to life off these assets, or even if they can afford to live off the Assets they have.
- Income strategies and information; can you get more income out of your Assets or the Government? Would it be wise to use an Annuity or other Income product to maximise your income?
- Assistance with decisions around entering a Retirement Village.
- Aged Care Advice
- Tax Advice and Planning for Asset sales
- Estate Planning, depending on your Estate it may be wise to consider if any sales or structuring needs to be done before death to minimise tax and smooth Asset transfer.
- Estate Tax Advice and Tax Returns
When looking at a client’s financial position we take the position of advocate for the client.