Death benefit tax and your super: what parents need to know
In the last 18–24 months, we’ve seen the Australian public take a marked interest in matters of superannuation. At least...
At Ulton, we often see clients who are ageing and beginning to have physical frailty or mental incapacity. It's essential that these clients understand the seriousness of retaining a valid photo ID for their entire lives.
If they need to give up their Drivers Licence, then they need to always keep a valid passport, or failing that, a Photo Identification Card. Without valid photo ID, you almost become a non-person.
For example, without valid photo ID, you cannot open bank accounts, apply for Age Pension, or Aged Care (including Home Care), deal with Government bodies, rollover or commence a Term Deposit, deal with superannuation, investments or even deal with professional people.
Lack of ID for older Australians is an issue, even if they have an Enduring Power of Attorney acting for them. In this case, it is usual to have to supply ID for both the client and the Attorney.
Photo Identification Cards can be obtained at Department of Transport, most Australia Post Offices and in some Police Stations. When doing this you must also show proof of identity.
Being able to age with dignity is a human right and something that we should protect and enable for all Australians. If you have any questions or concerns, please contact us today.
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In the last 18–24 months, we’ve seen the Australian public take a marked interest in matters of superannuation. At least...
There’s something about the start of a new year that infiltrates our psyche so that we look to the year ahead and the ch...

