Downsizing in Australia - Stewart & Jethro Reed | Page 38

DOWNSIZING IN AUSTRALIA

DOWNSIZING IN AUSTRALIA

the age-old question : ‘ Do I have to pay any tax ?’ This is where a qualified expert in this field will be able to give you the advice you require .
Legal documentation is probably the most important part of the downsizing process . A qualified expert in property and estate planning can save you tens of thousands of dollars right here .
Too many times I have seen clients hire legal representatives that have no real expertise in the process and how to guide their client through such a major decision in their life . This lack of understanding leads to enormous amounts of stress and pressure .
Consider Mary ’ s situation , which fortunately had a happy outcome .

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