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Your super and your will

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Will your super go where you want it to when you die? Good planning is the key.

It's not too soon to think about how your super fund will be distributed and taxed when you die. Don't assume that it will be covered by your will - if you want a particular outcome, provide instructions for the Fund Trustees, in the form of a binding nomination. And, says Michael Jones, of Cummings Flavel McCormack, look into the likely taxation arrangements if you want to achieve the best outcome.
  

Topics: Accounting & Tax, Family Business, Legal


Michael Jones, Cummings Flavel McCormack