superannuation
my brothers son died and left his superannuation to his sisters now my brother has to pay tax on this money,is this right?
Asked on 1/03/09, 3:00 am
1 Answer from Attorneys
Greg Thompson
Thompsons Australia
Re: superannuation
If your brother is the executor of the will..then your nephew's estate will be taxable if the super is not bequeathed to a person being a "dependent" within the definition for aust tax purposes. Sisters
aren't by definition normally dependents.
Answered on 1/07/09, 10:42 pm
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