Super Dependents

Stuart Sheary, subject matter expert from IFPA (Institute of Financial Professionals of Australia) joins us as we start navigating through some major changes in our superannuation system. Much vaunted since compulsory super came in 30+ years ago, it can get increasingly complex. Determining who can and can't be paid a death benefit and what tax may apply is a subject of many assumptions and incorrect information. This week we seek to inform, educate and hopefully untangle some preconceptions surrounding what happens when a family member dies, and the estate and super are part of the settlement. Nasty tax bills could arise if you're not careful or informed.