Estate planning Succession Superannuation

Superannuation death benefits and reversionary pensions peresentation

Source: New South Wales

Published Date: 8 Aug 2012

 

When should clients use a binding death benefit nomination and what type should clients use? And when are reversionary pensions a better option?

This presentation examines various options and gives practical guidance as to how you can help your clients make decisions that lead to safe, tax effective succession for their superannuation. It covers:

  • Determining the best option for nominations
  • How to draft and process nominations:
    • formal requirements
    • trustee issues
  • Down the track issues with BDBNs:
    • rogue trustees
    • can the nomination be contested?
  •  Reversionary pensions in estate planning:
    • how they work
    • problems where pensioner is second spouse – loss of control of capital
    • two pensions: one reversionary and one not
  •  Some case studies.

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Individual Session

Superannuation death benefits and reversionary pensions

Author(s): Bernie O'Sullivan CTA

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Estate planning Succession Superannuation 2012

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