What is the superannuation transfer balance cap and why should you care?
Everyone gets a $1.6 million cap on the assets that can support a tax-free super pension. You and your spouse each get a separate cap. But super pensions that pass to you from your spouse when they die may put you over your cap. This will have adverse tax outcomes. You need to plan for this as part of your estate planning.
Distributing assets from a family trust to a beneficiary – no stamp duty in SA
In South Australia it is possible to transfer a property from a family trust to a beneficiary without stamp duty. Find out how.