We have just today had a local real estate Agent drop in six example of Case Studies that he has sold.

So let’s off the top of the head comment on six of our recent Case Studies

1. Tomorrow we have BDC* for an appointment as he has been out of work for some months & they have credit card debt. They also have a large mortgage which shouldn’t happen as they have not divorced & they are our age. We recall at our first meeting that the investment property they had bought for their daughter & grandchild was the ‘worst action they had ever done’. As BDC* had approached us due to their debt level to find cheaper insurances then that was easy. Paying down their then credit card debt meant making use of their existing supers.

2. This week we have had to monitor our accountant’s 1,000,000 life cover which a year ago he asked for. It was a huge premium & as our age then finding an insurer who was not adding on 50% loading required work. We saved him some 6000+ in annual ongoing premium  which is a lot over 10 years.  As he had changed credit card details & was close to cancellation then our care & service & butt kicking was required.

3. D & K* have just recently said I still want to go ahead. K*has just has a useful pay rise due to another client of ours leaving. K has now a larger taxx bill which she wants & should reduce.  Very briefly after D & K had completed our 5 min financial health check up & provided their facts & figures we sat down & discovered future goals. Our approval letter all signed & delivered had 13 keys points including assistance with wills, supers, trip to USA, cashflow  planning,….

4. DPO* was the client who had vacated & allowed K* promotion. He has been with us for some years where we have used our cashflow programme to convert his private mortgage into a deductible debt & built a portfolio outside super. DPO is also someone who is keen to manage his own super so we have him in a low cost super option with 500 direct shares & managed funds to choose from.

5. And we can’t go past a claim that was paid out under terminal illness conditions. VE we had taken over his life cover some 20 years ago. As 99% of life covers do they increase with age. Over those 20 years we have managed his cover according to affordability. Some cover is better that none & VE was very keen to at least pay for his late wife’s headstone before he sadly left us. 130K was paid out some 2 months before VE passed on.

6. JH we are currently stepping through after actioning several steps including cheaper super & life cover paid by his super. Our next step which will save him at least an hour of solicitor’s time is completing an on line form for a preferred estate lawyer. Wills & power of attorney & medical letters done before they are needed.

7. JAT & k have just been bequeathed 150,000. Hence lets pay out that mortgage & review everything financial as wills already done. Let’s capture the spare cashflow & look after 3 daughters & prepare for the ‘flick’

Whoops  there are  seven  which we have outlined in a few minutes. We could had anther 600.

Everyone is different & that makes our profession a matter of solving a problem worthwhile.

Yes Sir.