Will
What happens to your superannuation when you die?
Submitted by: Physio Accountant - 8-Nov-2021
Superannuation is not like other assets as it is held in trust by the trustee of the superannuation fund. When you die, it does not automatically form part of your estate but instead, is paid to your eligible beneficiaries by the fund trustee according to the rules of fund, superannuation law, and the death nomination you made.
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( Posted in: SMSF
)
A Will isn’t always the way
Submitted by: Physio Accountant - 26-Jul-2016
You would have heard the saying: “where there’s a will, there’s a way”.
This statement is usually used to encourage people who are losing enthusiasm for a task or goal. But it also reflects the way many people feel about estate planning.
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( Posted in: Strategic Financial Advice
)