Making the Most of a Lump Sum

In this episode, we dive into the smart steps to take when you receive a lump sum of money, whether it’s from a farm or business sale, an inheritance, or even a Tattslotto win.

We’ll cover the key considerations around timing and capital gains tax, as well as strategies for what to do with the funds once taxes are sorted.

Learn how to make the most of your windfall with a plan that sets you up for long-term financial success.

 

Robert Goudie, CFP, GradDipFP (ASIC Reg 235974) and Amy Lehmann, BBus (FinPlan), BBus (Acc) (ASIC Reg 1292710), are authorised representatives of Consortium Private Wealth Pty Ltd | ABN 74 616 250 965 AFS Licence 495401. 

 

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