Taxation of Superannuation Death Benefits
There is a significant misunderstanding on who is eligible to receive a deceased person’s superannuation death benefits, and how they are taxed upon receipt. In this article, we will explore: 1. Who is a Dependent for Superannuation Purposes? The first step in this process is understanding that only a “dependent” is eligible to receive a […]
Safeguarding your SMSF: Lost Trust Deeds and Division 296
On September 25th, Daniel Butler and Cassandra Hurley from DBA Lawyers (DBA) shared some valuable insights with the team at DFK Benjamin King Money, covering a range of important SMSF topics. Two key issues we’d like to highlight are what to do if you lose a trust deed and the recent discussions around Division 296 […]
