Superannuation and Wills
I spoke to a new client the other day. He is unsure if he has a Will. If he were to pass away without a Will, his principal asset is about $700,000 in superannuation would be split between his spouse and 4 kids: For tax-effective Wills, see Michael Paterson & Associates.
Superannuation Equalisation Provisions in Wills
Below is a sheet which shows the benefit of having superannuation equalisation provisions in a Will if there is at least one financial dependent sharing equally in an estate, e.g. no spouse, two children out working and one child at school. If the superannuation and other assets are split equally, such as in the first […]