Can I make my non dependent son my legal personal representative in my super fund and avoid having tax deducted from the remaining funds in my super account in the event of my death??
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Can I make my non dependent son my legal personal representative in my super fund
You would need to do a binding death benefit nomination.
and avoid having tax deducted from the remaining funds in my super account in the event of my death??
No - taxed element of death benefit would still be taxable to non-dependent.
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Can I make my non dependent son my legal personal representative in my super fund
You would need to do a binding death benefit nomination.
and avoid having tax deducted from the remaining funds in my super account in the event of my death??
No - taxed element of death benefit would still be taxable to non-dependent.
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