Educational Seminar
Moving in retirement. Options, considerations and tips.
This KJB Law and Phillips Wealth Partners seminar offers expert guidance on legal and financial considerations for three key strategies for rightsizing or downsizing in Canberra.
When: Wednesday, 8 November 2023
Time: 10:00 am to 12:30 pm
Where: Hellenic Club of Canberra, Matilda Street Phillip, ACT 2606
RSVP Sonya Amey 02 6281 0999 or Email: sonya@kjblaw.com.au
More information and to register online: register online
ABOUT THIS SEMINAR
In a rapidly evolving environment marked by shifting territory planning, aging demographics, and housing needs, the concept of "rightsizing or downsizing" is emerging as a crucial topic of discussion for numerous residents in Canberra.
Our seminar is dedicated to exploring this subject, providing expert insights into the legal and financial aspects of three primary strategies for individuals seeking to explore or transition into different retirement living communities.
Join KJB Law and Phillips Wealth Partners to explore:
1. Transitioning to Community Living:
Learn about the legal and financial aspects involved when moving from your family home to a unit or apartment. Discover the benefits, challenges, and crucial factors to consider when making this important lifestyle change.
2. Intergenerational Living Solutions and Co-Ownership Agreements:
Explore innovative intergenerational arrangements, including granny flat interests and co-ownership arrangements. Gain insights into how to prepare for a successful co-existence, and traps to avoid.
When buying property with another person, choosing how you and your co-owner wish to hold the property is crucial for planning your estate and succession. This seminar is intended to highlight the differences between two common forms of property ownership.
3. Retirement Villages:
Understand the intricacies of retirement village entry, ongoing and exit. Key elements of the contracts and budgeting.
Our expert panel will discuss the contractual arrangements, stamp duty concessions, and superannuation downsizing contributions. They will also provide valuable information on budgeting and managing associated costs.
WHO SHOULD ATTEND
PEOPLE WHO ARE WANTING TO KNOW ABOUT:
• Downsizing options from the Family home in Retirement
• Co-Ownership Agreements and Granny Flat Agreements
• Stamp duty concessions on downsizing and superannuation downsizing contributions
• The legal and financial aspects of moving to a retirement village