We aspire to stop you worrying
Did you know that when you die, your super isn’t automatically included in your estate or Will? For many people, superannuation is one of their biggest assets, so it’s important to make sure it goes to the right people – in the most tax-effective way.
The good news is that you can control who receives your super benefits by providing specific instructions to your super fund. It’s called nominating a beneficiary, and there are three main types:
Continue reading “Who will inherit my super?”
In October, the Federal Government announced several important updates to the proposed Division 296 superannuation tax, which are designed to make the policy fairer and easier to administer.
These changes are not yet law, but they give a clearer picture of what may be introduced.
Labor’s third Budget, unveiled on May 14, prioritised alleviating the cost of living for Australians. Treasurer Jim Chalmers emphasised its responsibility in balancing household support with economic stability. Key highlights include:
Tax Cuts:
The Wealth Mentoring Group 