Maximise Your TPD Claim: How a Financial Planner Can Help You Get More for Less

If you're facing the daunting task of making a Total and Permanent Disablement (TPD) claim, you might be wondering, "What's in it for me?" Navigating this process can be overwhelming, especially when dealing with physical and psychological challenges. Here's how choosing a financial planner over a lawyer can save you money, time, and stress, and ensure you get the best possible outcome.

Avoid Exorbitant Legal Fees

Lawyers often charge a fixed fee of $25,000 just to complete and submit a TPD claim form, with potential additional charges if your claim is successful. These costs can add up quickly, leaving you in a tough financial spot. By choosing a financial planner, you can avoid these excessive fees and still get expert help with your claim.

Expert Claims Management Without the High Cost

Financial planners have the expertise and relationships with super funds and insurance providers to manage your claim effectively. They'll help you complete and submit your claim form correctly, ensuring all necessary details are included, without the hefty price tag.

Comprehensive Financial Support

Once your claim is submitted, the support from a financial planner continues. They help you understand the tax implications of accessing your TPD insurance from your superannuation fund, ensuring you get the maximum benefits and tax-free uplift where possible. This guidance can save you significant money and stress in the long run.

Personalized Financial Planning

Financial planners provide tailored advice on how to manage your payout. They help you decide whether to withdraw money from your super or start a pension with a regular income stream, showing how each option affects your overall financial situation. This ensures you make the best decision for your needs.

Smart Investment Advice

To make your payout last, financial planners offer investment advice tailored to your situation. They help you build a portfolio designed to supplement your disability support pension, ensuring your money lasts as long as possible.

Improved Living Arrangements and Cashflow Management

Whether you're renting or considering buying a home, a financial planner can help you understand the financial implications and plan your cashflow accordingly. This ensures you maintain a stable and comfortable living situation.

Effective Estate Planning

Financial planners also assist with estate planning, ensuring your wishes are honored and your funds are distributed in the most tax-effective manner. This gives you peace of mind knowing your loved ones are taken care of.

All These Services for Less

Choosing a financial planner over a lawyer means you get all these comprehensive services for less than what you’d pay a lawyer just to submit your claim. You get ongoing support and expert advice tailored to your specific needs, ensuring you make the most of your TPD claim.

Reach Out to Newcastle Advisors Today

If you're ready to maximize your TPD claim with expert support and personalized advice, contact Newcastle Advisors. We've helped clients across WA, Canberra, the Sunshine Coast, Sydney, and Newcastle navigate their TPD claims and achieve financial peace of mind. Let us help you get the best possible outcome for your claim.

Contact Newcastle Advisors

Don’t navigate this challenging process alone. Reach out to Newcastle Advisors and discover how we can support you every step of the way, ensuring you get the financial support you deserve without the unnecessary costs and stress.