Financial Planner Luke Smith joined 2CC Talking Canberra 1206AM in Money Matters, which aired on Friday 16 February 2024 with Leon Delaney. This week’s show considers some of the common misconceptions people have around super fund death benefits. A passing of a loved one is a very difficult time. It’s not the time to be surprised about what happens to their super or pension account.
Key topics covered include:
- What is a binding nomination in regard to your super?
- Did you know your Will has no control over your super or pension account?
- There is a difference between a binding nomination and a non-binding nomination!
- Estate planning advice is not the same as a post office Will
- Is there tax on my super or pension if I die? It might not be tax-free!
- Can I leave money to anyone from a super or pension or does it need to be a relative?
- Do nominations lapse from super or pension accounts?
- What happens to a nomination in a divorce? Does it still apply? Yes - so update it like your Will
- Luke shares his top tips around managing the misconceptions around super and pension fund death benefits.
Luke as a Financial Planner can help you set up a financial planning strategy to help you achieve your personal financial goals, including investment, super and retirement. Make an appointment to confidentially discuss your goals. Call Envision Financial Services on 6260 4749. You can use the contact us form to make an appointment, for a confidential discussion about your situation.
Luke will return to 2CC to talk about other ‘Money Matters’ next week. You can also catch up with ‘The Strategy Stacker - Luke Talks Money’ podcast at a time that suits you.
We look forward to your company again and Luke’s book Smart Money Strategy is out now. For more information visit: thestrategysta...
Follow us on KZitem: / @thestrategystacker
Follow us on Facebook: / envisionfinancial1
Follow us on LinkedIn: / luke-smith-26a4ba16
Follow us on TikTok: / thestrategystacker
Follow us on X: / envisionadvice
Listen on Spotify: open.spotify.c...
Listen on Apple Music: podcasts.apple...
Listen on iHeartRadio: www.iheart.com...
What to hear about a specific financial planning topic?
Ask Luke your investment question here: thestrategysta...
Негізгі бет Misconceptions around super death benefits - What happens to your super or pension account?
Пікірлер: 2