Beacon Business Accountants are Business and Property Tax Specialists, and Accounting Advisors.

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Relevant Accounting News

We’re here to help with a collection of accounting news sites, associations, and organizations that can help you keep up in the ever-changing world of accounting.

What Happens To Your Superannuation When You Die?

Superannuation is not like other assets as it is held in trust by the trustee of the superannuation fund.

Superannuation is not like other assets as it is held in trust by the trustee of the superannuation fund.

When you die, it does not automatically form part of your estate but instead, is paid to your eligible beneficiaries by the fund trustee according to the rules of fund, superannuation law, and the death nomination you made.

Click link to continue reading: October 2021 Newsletter