Brisbane Times
·general
·3 hours ago
Man in his 30s receives $50,000 gift from terminally ill father
A man in his late 30s is set to receive a $50,000 gift from his terminally ill father, prompting him to consider the best use of the funds. Experts suggest keeping the money in a mortgage offset account, especially with planned renovations ahead. This approach could provide an equivalent return to the mortgage rate, generating tax-free savings.
Summary by Glance · Brisbane Times
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