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"Something magical happens when parents turns into #grandparents. Their attitude changes from '#money doesn't grow on trees' to spending it like it does". Being one of the most exciting times of your life, it is unlikely that #finance is a topic that plays on your mind. That said, it won't be long before you will start considering how to set this new member of your #family can on the right path to secure their financial #future. In this video, Jarrad Brown, the #Australian #Expat #Financial #Planner, shares his top #tips and considerations for putting your new #grandchild on the right path towards financial #success. 0:00 Introduction 0:39 Ensure your Will is up to date 1:56 Check current gifting provisions in Australia 3:17 Consider the tax implications for minors in Australia 4:55 Final remarks About Jarrad Brown: Jarrad Brown is an Australian-trained and experienced Fee-Based Financial Planner with Australian Expatriate Group of Global Financial Consultants Pte Ltd providing specialist financial advice and portfolio management services to Australian expatriates in Singapore. Subscribe to this YouTube channel for his latest tips and updates for Australian expats when it comes to making informed financial choices for their time abroad. Jarrad Brown is an Authorised Representative of Global Financial Consultants Pte Ltd – No: 200305462G | MAS License No: FA100035-3 ☞ Book a complimentary meeting or get in touch with Jarrad Brown: https://linktr.ee/jarradbrown You may also be interested to check out the following: Rule Change For Dependant Pass Holders In Singapore: • Are Dependant Pass Holders Allowed To Work... New South Wales Stamp Duty Changes: • What Do The NSW Stamp Duty Changes Mean Fo... How to Diversify Your Employer Stock: • Should I Diversify My Employer Stock..? General Information Only: The information on this site is of a general nature only. It does not take into account your individual financial situation, objectives, or needs. You should consider your own financial position and requirements before making a decision. *Please note that Jarrad Brown is not a tax agent or accountant and none of the content outlined here should be taken as personal advice. You should consult your tax agent and financial adviser to review your current personal finances and financial goals to consider whether this strategy is appropriate for you.