“So what we do is we abandon the assets to the SBA and they never come pick them up. And I have a number of clients running a new business and using the assets that are secured to the SBA, which eventually security interest after five years, if it doesn't get renewed, and they don't often do it, expires.”

“The asset it's 60% for both the asset reduction or accessible value for both the asset and the income test. And then the 60% is up until 80, age 84 minimum of if you've taken it out for five years and then 30% for life.”

“If the rates are up 50%, we'll go interest only for five years. And basically hope in five years when the loan expires, rates will be back”

“…made permanent the $20,000 instant asset write-off, and businesses…using the instant asset write-off to ensure that they have cash flow…”

“Pull the will out of the bottom drawer, have a read and ask yourself, is there anything in there which is old hat or new? Do I need to have a bit of a think around where my assets are going? That, by the way, is useful for everyone with a will which is more than five years old.”