Published on 01 Mar 00
by "TAXATION IN AUSTRALIA" JOURNAL ARTICLE
The introduction of the Superannuation Amendment Act 1999 not only allows a member of a fund to nominate who is to receive their benefits upon death, but to bind the fund trustee to pay the benefits with a Death Benefit nomination ("DBN"). This Q&A considers how a member can control or influence the payment of their superannuation death benefits, the advantages of a DBN and the drawbacks of the new system.
Andrew O’Bryan FTIA is the Head of Taxation, Superannuation, and Family Business and Wealth
Management Practice Groups at Hall and Wilcox. Andrew provides advice on the application of a wide
range of taxation matters including income tax, FBT, CGT, tax audits, structuring and restructuring of
business and transactions, superannuation, state equivalent tax regimes, retirement planning, business
succession, estate planning, liquidations and reconstructions, and corporatisation and privatisation.
Current at 11 March 2009
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