Granny Flat – Is it a Fabulous Familial Relationship?
Overview
Granny flats promise family security, but without the right advice they can create serious legal and pensions risks. Join us to explore the options, consequences and agreements you can’t afford to overlook.
Granny Flat rights and life interests
The idea of family looking after family is not a new story, it has been happening for generations. But what can seem like a simple solution – parents living safely with children close by if help is needed involves a range of legal and financial issues and specialist advice is required.
This session provides an overview of the various forms of granny flat arrangements and legal consequences of such an arrangement. We briefly look at the financial impact to the client including eligibility for pension entitlements and rent assistance.
In addition to highlighting some of the key issues your clients should discuss and formalise in an agreement.
Learning Outcomes:
On completion of this session you will be able to:
- Explain the different forms of granny flat arrangements.
- Identify potential legal consequences arising from different arrangements.
- Identify the potential impacts to pension, rent assistance and deprivation rules.
- Identify the key areas to consider when entering into a granny flat agreement.
Suited to:
Financial planners, para planners, accountants, lawyers
This On Demand recording Includes:
- Recording of the Live Webinar, which can be viewed multiple times, for as long as required
- Presenters contact details for follow up questions
- CPD Quiz
- CPD Certificate
- CPD Report – Logged automatically
- PowerPoint Presentation
- Verbatim Transcript, with Searchability
- Supporting Documentation
Course syllabus
3 lessons
- Video – Granny Flat – Is it a Fabulous Familial Relationship?Video
- Feedback Survey QuestionsSurvey
- Knowledge QuizTest
Your presenter
Jemma Briscoe,Aged Care Gurus
Head of Research and Technical Advice, Aged Care Gurus.
Jemma is responsible for developing and delivering the content for a variety of accredited retirement communities and residential aged care workshops to Financial Planners, Lawyers and Accountants. Jemma also conducts ongoing research into this industry and provides technical support and assistance to the national network of Aged Care Guru Advisers.
Jemma is a lecturer and tutor at the University of Technology, Sydney (UTS) Jemma delivers subjects such as Equity Valuation and Corporate Finance. Jemma has provided consulting advice in course and content development to several Universities and has a background in equities research, consulting and Chartered accounting. Jemma holds a Masters of Applied Finance, B. Business and is a CPA.