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  1. M

    How to give a newborn ~100K for their 18th birthday.

    Hehehehe yes isn't he just gorgeous!!! Looking forward to seeing some more pics :)
  2. M

    How to give a newborn ~100K for their 18th birthday.

    :) I think the idea is to get a good nest egg into the kid's super that will perhaps be enough to warrant a SMSF that they can have more control over. It would work whereby the $$ goes into Mum and Dad's SMSF then at 18 the family goes out and buys jr their first IP :) with jr's 100K Can...
  3. M

    How to give a newborn ~100K for their 18th birthday.

    Not sure about the fees on a small amount. Do we have any super experts here to comment?) I agree it would work MUCH better if the kids were added into your own SMSF. (and you get access to the extra $$ )
  4. M

    How to give a newborn ~100K for their 18th birthday.

    As the title says :) AND it only costs you between 12 and 18K A couple of the girls and I went to a "Wealth Seminar" a while back, and got talking to the accountant after the seminar. He showed as this technique :) At birth, get the baby a Tax File Number and pay the baby $20 per...
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