Tuesday, February 22, 2011

BEWARE THE DEATH TAX

Recently seen the death tax at play.

A big cheque written to he ATO that could have been avoided.

You need to be mindful of your circumstances and estate planning, you also have to consider super and where it fits into this.

If you are diagnosed with a terminal illness, or if you have parents that are unwell, be aware that if you can access the super monies you may be able to avoid any tax charged prior to being paid out.

Complex area consult experts.