Superannuation 2012

You can't take it with you

Source: National

Published Date: 8 Nov 2012

 

So, the business is sold and it is time for your client to change gear and enjoy the wealth they have accumulated in their superannuation fund. However, it is not all plain sailing in the virtual world of tax-free superannuation and your client will need to consider how their superannuation assets will be dealt with following their death.

This presentation covers the issues facing clients in retirement with significant superannuation wealth, including:

  • tax-effective distributions to beneficiaries
  • dealing with superannuation assets still linked to a family business operation and issues for in specie distributions following death
  • the state of play with reversionary pensions and tax issues on ceasing a pension
  • dealing with control of the self-managed superannuation fund following the death of the principal member
  • the traps for binding death benefit nominations.

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Individual Session

You can't take it with you

Author(s): Suzanne Mckenzie
Materials from this session:

Details

  • Published By: Suzanne Mckenzie
  • Published On:8 Nov 2012
  • Took place at:Sheraton Noosa Resort and Spa

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