Article by Darin Tyson-Chan featured in selfmanagedsuper.
The new transfer balance cap of $1.6m will have many impacts from an estate planning perspective. It is important to understand the limitations around a surviving partner's pension account and what will happen to the balance over the $1.6m from a superannuation death benefit.
Key takeaways from the article:
- Elderly clients may need special attention if it is likely that their super balance will exceed more than $1.6m.
Access the article by clicking the image below...