Increased property values do not always create liquidity in estates.

Ginsburg Financial Services (www.ginsburg.com.au) brings to the attention of their clients and site visitors some essential aspects related to their property holdings and estate plans.

(PRWEB) August 16, 2004 -- Australia is a wonderful country to live in and this is recognised in our land and property values, especially in and around the cities and agricultural areas. Our property prices have soared over the years and, because of these increased values, property has become a very heavy weighting in many asset portfolios held by Australian residents.

Properties are not always easily realised and for that matter, as the market generally takes time to recover after a slump, these properties should not be considered liquid assets in an estate plan" says Jossel Ginsburg of Ginsburg Financial Services. It is often not easy to raise finance on a property held in the estate of a recently deceased income earner or a where the owner has suffered a disability" continues Ginsburg. It takes income to service a loan, and in times when interest rates may move quickly, banks and mortgage providers are very careful".

Ginsburg says that income protection insurance, trauma, term life and total and permanent disability benefits should be put in place to ensure that a forced sale in event of disability or death does not ruin a lifetime of hard work and savings. A successful insurance claim will help to buy the time required to ensure that the asset is not sold in a slump or, may be retained until the insured has recovered and can produce the income required to service the debt.

Ginsburg Financial Services is an Authorised Representative of Financial Wisdom Limited and has access to vast resources through Financial Wisdom which is a member of the Commonwealth Bank Group of companies. An example of this is the Property Value Guide. Australian residential property owners can see how their own properties have tracked over the recent past by visiting our site. When visiting our site please be sure to read our disclosure statement and disclaimer.

About Ginsburg Financial Services and Jossel Ginsburg
Jossel Ginsburg of Ginsburg Financial Services is an Authorised Representative of Financial Wisdom Limited ABN 70 006 646 108, Australian Financial Services Licence No.231138.

Jossel Ginsburg has been in the life insurance and investment business since 1966.

In 1986 Legal & General Australia purchased the first electronic needs analysis that Jossel introduced to Australia. The system was written by specialists employed in Jossels company in South Africa.

Ginsburg Financial Services in Sydney Australia was established in 1988.

Jossel is a General Member of the FPA and a Fellow of the Australian Association of Financial Advisors. Jossel retains his membership as a Fellow of the Institute of Life and Pension Advisers of South Africa. Jossel has had vast business experience as an adviser, as marketing director of the brokerage for whom he worked for 22 years in South Africa as well as having had the experience of establishing a software development company which was one of the fastest growing IT companies in Australia (Presence Online t/a Aptrix) which was recently purchased by IBM.

Ginsburg Financial Services are especially proud of their claims service to their clients and their success in achieving quick settlements.

Jossel Ginsburg is a founder member of Business Café (www.businesscafe.com.au).