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BANK of
MUM & DAD

EARLY INHERITANCE

With 32 years banking & broking experience we'll ensure you get expert financial advice

EARLY INHERITANCE 

An early inheritance is when a person chooses to give a portion of their inheritance to their heirs before their death. This can be done for a variety of reasons, such as to help a family member with financial difficulties or to minimise taxes on the estate.

 

There are several ways to provide an early inheritance, including gifting money or property, creating a trust, or transferring assets through joint ownership. However, it is important to carefully consider the potential financial and tax implications of an early inheritance, as well as the potential impact on family dynamics and relationships.

From a tax perspective, an early inheritance may trigger other implications, depending on the amount of the gift and the total value of the estate. It is important to consult with a financial or tax professional to understand the potential tax consequences of an early inheritance.

In addition, an early inheritance can also have implications for the distribution of assets after the person's death, as it may impact the amount of the estate that is subject to probate and the rights of other heirs or beneficiaries.

It is important to carefully consider all of these factors before deciding to provide an early inheritance and to communicate openly and clearly with all family members involved to avoid misunderstandings or disputes.

BUILDING A HOME OWNERSHIP PLAN

Here you'll learn how to make a Home Ownership Plan, so you can improve your chances of getting a mortgage to buy your home. If you're a First Home Buyer (FHB) using KiwiSaver or getting help from Bank of Mum and Dad (BOMAD), moving up the property ladder, buying an existing home, new off the plans 'turnkey' or building new with a fixed price build contract - we'll help you plan your home ownership journey and advise you on the do's and don'ts.   

IMPROVING YOUR CHANCES

We'll provide advice on how to improve your chances of getting a mortgage. With changes to The Credit Contract and Consumer Finance Act (CCCFA) getting a home loan just got a whole lot harder - we can help you navigate this legislation so it works in your favour.   

WE DEAL WITH THE PAPERWORK

Let us deal with the paper work and the mountain of forms that need completing ie. FATCA, Nature & Purpose, AML/CFT. You'll still need to complete an online application and provide supporting documents ie. income, bank statements etc. We'll handle the rest as your time can be better spent looking for the right home for your family.     

YOUR ADVOCATE

We've been writing mortgages for 22 years and have excellent relationships with over 39 banks, non-bank lenders, finance companies and private lenders. These business relationships have been built based on trust and the quality of our mortgage applications we've presented over the years. We will be your best advocate for your mortgage.    

An email from ANZ Bank 

"Hey Steve, 

This is a very simple message from me but I wanted to acknowledge the high standards that you set when you are sending deals to us… the deals you submitted to us went through our pre-screening team 100% clean and none were deferred for further info! This just tells me that the deals you prepared were presented at a high calibre …

Chris Trenuela

ANZ Business Development Manager"

ONGOING MORTGAGE ADVICE & SUPPORT

Now that you have a mortgage - our service does not stop there. We provide ongoing advice and support for the life of your loan. Advice of fixed interest rates, loan structure, how it pay it off quicker (saving you tens of thousands of dollars), loan top ups when needed and we will refer to you the right people to protect your life, income and assets. 

LICENSED ADVISER 

Getting the right advice is essential to you achieving your financial goals. You’ll want to know the advice you're getting is the from an Adviser who knows his financial products and service offering.  

 

Steve has been a Mortgage Adviser since 2001. In 2003, his first exam through AdviserLink he passed the  Certificate for Essentials of Mortgage Broking with Honours

 

In 2022 and 2023, Steve achieved an Excelling Outcome a GPA of 7 at Massey University Auckland.

Overall grade of  A-   for Certificate in Financial Advice (Level 5) [Version 2]  

 

Certificate in Financial Advice (Level 5) [Version 2]  

  • Introduction to Financial Advice grade of  A  and GPA of 8 with unit grades of  A+, A & A-  

 

  • Essentials of Residential Property Lending Advice grade of  B+  and GPA of 6 with unit grades of A-, A- & B-  

 

You can be assured Steve will provide you with excellent advice and be your home loan advocate. 

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