Self Managed Super Funds as they relate to Succession Planning and Estates

Course Info

Price
$199.00

CPD Points 2

Competency
  • C4: Substantive Law (2)

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Author Profile

Self Managed Super Funds as they relate to Succession Planning and Estates

The Law Society of Western Australia

The Law Society of Western Australia is the professional association for Western Australian barristers and solicitors

 

Course Summary

This seminar on self-managed superannuation funds acts as a primer for lawyers advising clients on succession planning.

Course Details

When a person dies they may have funds held in their members account in a superannuation fund. Two questions arise:

Firstly, who gets the money? and how can the member ensure it goes where they want and not where the trustee may decide?

Secondly, what tax is payable by the recipient? and what steps can the member take to reduce the tax burden on the recipient?

This seminar will concentrate on self-managed superannuation funds and act as a primer for lawyers advising clients on succession planning.

Topics to be covered will include:

  • The role of Binding Death Benefit Nominations and what can go wrong with them;
  • Who will be the trustee and whether their decisions can be challenged;
  • The powers of the executor and the constraints on executors; and
  • Pension and recycling strategies.