Funerals can be expensive, and when the time comes, emotions are high — the last thing we want is to leave behind unexpected financial stress. None of us like to think about it, but planning for the inevitable is one…
A pensioner can invest in a funeral bond up to a maximum threshold (currently $15,500) and their policy will be treated as an Exempt Asset for pension assessment purposes. This can have significant benefits for pensioners. For example, for someone…