Death benefits in Superannuation, Death benefit Tax and Estate Planning Implications for SMSFs
In the event that correct estate planning has not been carried out, the trustee of your superannuation fund will have control over how benefits are paid out. iMoney(R) Wealth Management with our expert financial advisors can help you to create a death nomination and benefit structure
to ensure that the payment of benefits is carried out in the manner you would have wanted in the most tax effective way.
As trustees and members, you effectively have ultimate control in the distribution of death benefits within your self-managed super fund. It is important you prepare a strategy for the payment of benefits to members’ chosen beneficiaries and incorporate the facilities to implement this strategy in your trust deed. It will be necessary to make preparations for the wind-up of the fund in the event of the deaths of all trustees and members.
Wealth Management today from anywhere in the world via Skype, Twitter, Mobile App, Chrome App, email, fax or by phone to devise a plan that will govern the entire assets of your estate and will allow for your intentions to be carried out.