A lump sum withdrawal from a superannuation account shortly before the death of a member but received days after death ...
It is more tax effective to leave superannuation to an estate rather than a binding death benefit nomination to children, ...
Financial advisers will be pivotal in ensuring that wealth is passed on efficiently and in a way that aligns with ...
The inheritance of a reversionary pension is a trigger event for the beneficiary’s transfer balance cap if they are not ...
It’s essential to “read the deed” after a member’s passing, even if a trust deed has been drafted specifically for ...
The SMSF Association has urged the government to allow a pension reserve to be exited where the recipient had died.
Compliance breachesAcquisition of assets from a related party
The interplay between reversionary pensions and binding death benefit nominations regarding which one takes priority is a recurring issue for ...
Using a spousal contributions strategy to a second spouse can be problematic because money may not naturally flow to children ...