Put your inheritance in context
An inheritance can bring opportunity, responsibility and difficult decisions at an emotional time. HFI helps you consider what the money needs to achieve, how it fits with existing assets and what support you want over time.
Receiving an inheritance
- Decide which goals need funding now and which are longer term.
- Compare debt, cash reserves, superannuation and investment options in your circumstances.
- Consider retirement timing, income needs, relevant tax and Centrelink interactions.
- Coordinate with the estate solicitor and accountant before implementing financial decisions.
Planning for a beneficiary with disability
Families may need to consider the beneficiary’s support needs, financial decision-making arrangements and benefit position. HFI provides financial advice and coordinates with the solicitor responsible for wills, trust deeds and legal advice. A Special Disability Trust is one possible structure; its suitability and eligibility need individual assessment.
Read our guide to leaving an inheritance to a child on DSP.
What an engagement involves
We identify your needs, assess the relevant financial information and agree the scope and fee before chargeable work begins. Recommendations are documented as required. Implementation and any additional work are identified in the proposal.
Confidence beyond the initial decision
Where suitable, our Private Advisory Service provides an agreed continuing relationship for reviews and support. An inheritance may require separately scoped initial advice even where an ongoing relationship already exists.
Referring an estate or beneficiary matter?
Lawyers, accountants and trustees can discuss the proposed role and referral process. We confirm authority, conflicts, scope and communication before proceeding.
Questions about this service
Can you work with my estate solicitor?
Yes. HFI provides the agreed financial advice and, with your authority, coordinates with your solicitor and accountant. Legal advice, wills and trust deeds remain the solicitor’s responsibility.
Do I need ongoing advice after receiving an inheritance?
That depends on your needs. An initial engagement can address a defined decision. Where suitable, a separate ongoing agreement provides specified reviews and support; its services and fees are agreed in writing.
Service information maintained by Health & Finance Integrated. Meet our advisers and support team. Our Financial Services Guide and fee schedule explain our authorisation, process and remuneration.
Important information
General advice warning: Any advice on this page is general in nature and has been prepared without taking into account your objectives, financial situation or needs. Before acting on it, consider whether it is appropriate for you and seek personal advice where needed. Where a financial product is involved, obtain and consider the relevant Product Disclosure Statement or other disclosure document before deciding. Investment returns are not guaranteed and investments can lose value.
Health & Finance Integrated Pty Ltd, ABN 72 165 510 618, Corporate Authorised Representative No. 1293198 of Able Financial Services Pty Ltd, ABN 27 646 319 164, AFSL 530596. HFI is not independent, impartial or unbiased because HFI or its licensee may receive life insurance commissions. See our Financial Services Guide, adviser profiles and fee information.