Money musts before you die: ASIC's MoneySmart

Money musts before you die: ASIC's MoneySmart
Money musts before you die: ASIC's MoneySmart

The Australian and Securities Investments Commission has released a guide to aid people in preparing their family affairs before passing on.

ASIC's MoneySmart website implores people to avoid leaving behind a financial mess and provided a range of information relating to sorting out bank accounts and finances, life insurance, updating your will and setting up a trust.

According to ASIC, if you develop a plan and put it in place, you'll make sure your loved ones will be taken care of after you have gone.

More information is available here.

ASIC has also provided a handy tool for interest-only mortgage calculations, which you can find here, as well as a handy guide to interest-only loans for property investors available here.

Michael Crawford

Michael Crawford

Michael is the real estate reporter for western Sydney and loves writing about homes and the people who live in them. A former production editor and news journalist, he enjoys writing about real-world property purchases as well as aspirational buys and builds. Following a recent move from Sydney’s northern beaches, Michael now actually enjoys commuting.

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Asic Finances

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