A lump sum withdrawal from a superannuation account shortly before the death of a member but received days after death is ...

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 goals ...

The SMSF Association has urged the government to allow a pension reserve to be exited where the recipient had died.

It’s essential to “read the deed” after a member’s passing, even if a trust deed has been drafted specifically for their ...

The inheritance of a reversionary pension is a trigger event for the beneficiary’s transfer balance cap if they are not ...

The interplay between reversionary pensions and binding death benefit nominations regarding which one takes priority is a ...

Some exceptions allowed under s66 enable an SMSF to acquire assets from a related party, such as listed shares, business real ...

The Financial Advice Association Australia said it supports the draft legislation on legacy pensions but has urged the ...

Using a spousal contributions strategy to a second spouse can be problematic because money may not naturally flow to children ...

An attorney can make or renew a superannuation binding death benefit nomination but there are a number of conditions that ...

Timing the sale of assets is critical to take advantage of tax opportunities, especially in the event of the Division 296 tax ...