Building Blocks Financial Planning

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Building Blocks Financial Planning

Our team at Building Blocks FP are passionate about building simple financial plans for our clients.

Edpat Financial Services Pty Ltd ABN 47 162 281 478 trading as Building Blocks Financial Planning Corporate Authorised Representative No. 438088 Alliance Wealth Pty Ltd ABN 93 161 647 007 | AFSL 449221 www.centrepointalliance.com.au/fsg/aw

10/07/2026

We're not about fancy offices or fifty-page plans nobody reads. We're a small team who'd rather build you a plan you actually understand, than one that just looks good on paper.

Because at the end of the day, it's not about having the most money in the world. It's about making sure your money is actually supporting how you want to live: more travel, more time with the kids, peace of mind that your bases are covered.

If you've been putting off 'getting your finances sorted' for way too long, this is your sign.

📆 Book at https://bit.ly/3OL46JL
📞 Call us on 03 9748 7999
📩 Email [email protected]

29/06/2026

According to Google, this is one of the most commonly searched tax questions - and for good reason! Here's the short answer:

🟢 You have three options: move in, rent it out, or sell. Each has different tax implications — so the decision is worth thinking through carefully before you act.

🟢 There is no inheritance tax in Australia. So you won't pay tax simply because you've inherited a property.

🟢 But CGT can apply. If you sell the property, Capital Gains Tax may be triggered depending on when the deceased purchased it, whether it was their primary residence, and how long you hold it before selling.

🟢 If it was their main home and you sell within 2 years, you're generally exempt from CGT. Take longer than 2 years, and it gets more complex.

🟢 Don't rush. This is one of the most common mistakes people make. Big financial decisions made during grief rarely go well. Give yourself permission to pause.

Every situation is different: the property's history, your own financial situation, and your long-term goals all play a role in what the right move looks like for you.

We're here to help you think it through - without the pressure.

📆 Book at https://bit.ly/3OL46JL
📞 Call us on 03 9748 7999
📩 Email [email protected]
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*This is general information. It is not financial advice. We have not considered your personal financial circumstances. You should consider the appropriateness of the advice for your circumstances before making any decision.

26/06/2026

Most people spend decades working toward retirement - but not nearly enough time planning for it. But here's the thing: knowing where you stand now gives you time to do something about it.

The age pension averages around $24,000 a year for a single person. That's not travelling, eating out, or doing the things you've been looking forward to. That's just getting by.

We think you deserve more than that.

At Building Blocks Financial Planning, we put together a clear, tailored plan around your super, investments and insurance so you can retire when and how you want to. Not just whenever the age pension kicks in.

We're here to help you plan ahead - without the pressure.

📆 Book at https://bit.ly/3OL46JL
📞 Call us on 03 9748 7999
📩 Email [email protected]

25/06/2026

Good money habits are usually taught early, not fixed later.

24/06/2026

She received an inheritance. And what should have been a gift quickly became a source of stress.

Under the assets test, the extra money put her age pension eligibility at risk. More money in the bank, but potentially less income every fortnight.

She came to us not knowing where to turn. She didn't want to blow through the inheritance, but she also couldn't afford to lose her pension.

We sat down, looked at her full picture, and put a plan together. A combination of gifting, the purchase of an annuity, and a funeral bond: each strategy carefully chosen to bring her assets back within the threshold and protect her pension eligibility.

The result? Her age pension was preserved. And her inheritance was handled in a way that actually made sense for her life.

If your financial situation has recently changed - an inheritance, a property sale, a redundancy - it's worth having a conversation before it becomes a bigger issue. Sometimes it can be a bit of a balancing act, so you can maximise the money that hits your account.

Book a quick chat with our team:

📆 Book at https://bit.ly/3OL46JL
📞 Call us on 03 9748 7999
📩 Email [email protected]

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*This is general information. It is not financial advice. We have not considered your personal financial circumstances. You should consider the appropriateness of the advice for your circumstances before making any decision.

22/06/2026

Paying down your mortgage or boosting your super? This is one of the most common FAQs we get as advisers - and the answer is rarely black and white.

But here are a few things to think about:

🟢 The case for super: Concessional contributions are taxed at just 15% - almost certainly less than your marginal rate. That tax saving alone can make super the smarter move.

🟢 The case for your mortgage: Extra repayments give you a guaranteed, risk-free return equal to your interest rate. And unlike super, that money is accessible if you need it.

🟢 The part most people miss: Your family home is exempt from the Age Pension assets test. Your super isn't. For some people, paying down the mortgage actually increases their pension entitlement later.

For most Australians it's not either/or - it's finding the right split for your situation.

We can review your numbers and let you know what's going to work best for you.

📆 Book at https://bit.ly/3OL46JL
📞 Call us on 03 9748 7999
📩 Email [email protected]

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*This is general information. It is not financial advice. We have not considered your personal financial circumstances. You should consider the appropriateness of the advice for your circumstances before making any decision.

20/06/2026

"Maybe one day" doesn't help anyone achieve anything. Planning does.

The home you wanted. The freedom to make choices without money being the reason you can't.

That doesn't happen by accident. It happens because at some point, you decided this life - your one life - was worth planning for.

19/06/2026

Division 296 has been debated, revised, and delayed - but as of March 2026, it's officially law. And it starts 1 July 2026.

So what is it?

Division 296 is a new tax on super earnings for balances above $3 million. Right now, super earnings are taxed at a flat 15% no matter how much you have.

Under the new rules, any earnings on the portion of your balance above $3M get taxed at an extra 15% on top - so 30% total. Above $10M, that rate jumps to 40%. The good news is the thresholds are indexed, so they'll rise over time.

But here's what most people aren't thinking about 👉 The $3M threshold sounds like it only affects the ultra-wealthy. But it's really a household conversation, especially for couples.

If one partner passes away and their super is left to the surviving spouse, that balanace will be added to their partner's super fund. That alone could push someone over $3M for the first time - and into Division 296 territory - without any new money ever being added.

If you or your partner have saved significant super, now's the time to look at how it's structured. The rules have changed. The planning should too.

Book your free, first appointment with our team:

📆 Book at https://bit.ly/3OL46JL
📞 Call us on 03 9748 7999
📩 Email [email protected]

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*This is general information. It is not financial advice. We have not considered your personal financial circumstances. You should consider the appropriateness of the advice for your circumstances before making any decision.

18/06/2026

Some of these take less than 10 minutes and could save you a decent chunk on tax. Others (like topping up super) you'll want to sort this week before funds cut off.

Not all of these will apply to you, but if even one or two do, it's worth a look before 30th June. And if you need help, we're here.

17/06/2026

If we had a dollar for every time someone asked us, "How much money do I actually need to retire?", we’d probably be retired ourselves!

And you can forget the 'million-dollar retirement myth' - here's what the actual data says.

A few things to note:

🔵 Both figures assume you own your home outright by the time you stop working.
🔵 A "Comfortable" standard gives you the money to cover: private health insurance, a reliable vehicle, dining out regularly, interstate travel every year and overseas every seven years, and more.
🔵 A "Modest" standard gives you basic private health insurance, own a basic car, infrequent fun activities like a trip to the movies, an annual domestic trip and not much more.

But, everyone's different! And your own 'magic number' will support your own unique goals and lifestyle. A tailored retirement strategy will maximise your super and pension entitlements, so you have enough.

We're passionate about people having the finances to enjoy their retirement. If you're ready to start planning, we're ready too.

Book your free first appointment with our team:

📆 Book at https://bit.ly/3OL46JL
📞 Call us on 03 9748 7999
📩 Email [email protected]

Source: ASFA https://bit.ly/4vEtwNT

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*This is general information. It is not financial advice. We have not considered your personal financial circumstances. You should consider the appropriateness of the advice for your circumstances before making any decision.

Address

Suite 2a/58 Old Geelong Road HOPPERS CROSSING
Melbourne, VIC
3029

Website

https://buildingblocksfinancialplanning.com.au/

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