Death benefits tax – Tips, traps & strategies

This session will work through the complex maze of whom can receive a super death benefit, in what form and the associated taxation issues. The session will also work through strategies on how to minimise any potential taxation liability as well as addressing other important issues on what should be considered when working with your clients on their estate plan and the payment of super death benefits.

  • By attending this session, you will be able to:
  • Identify who can receive super death benefits
  • Explain how a super death benefit paid directly to a beneficiary, or via the estate, is taxed
  • Identify strategies to reduce the potential tax payable on the taxable component.
  • Understand other important SMSF estate planning considerations.

The contents of this resource are taken to be correct at the time of publication.

Disclaimer: Technical Papers contain general advice only and are prepared without taking into account particular objectives, financial circumstances and needs. The information provided is not a substitute for legal, tax and financial product advice. Before making any decision based on this information, you should assess its relevance to the individual circumstances of your client. While the SMSF Association believes that the information provided is accurate, no warranty is given as to its accuracy and persons who rely on this information do so at their own risk. The information provided in this bulletin is not considered financial product advice for the purposes of the Corporations Act 2001. © SMSF Association