Delays in release of superannuation in estates - 11 September 2023
Unfortunately, as discussed in the article below there can be significant delays or unnecessary requirements in releasing superannuation to estates. We have come across scenarios where a 96 year old was required to detail her sleeping arrangements with her late 98 year old husband, provide birth certificates and a statement from all their 11 children that they were not going to make a claim against their late father’s superannuation. This was for all of less than $2,000 in superannuation. This situation can be lessened, or avoided altogether, with the right estate planning. We can assist putting the best process in place to expediate the release of your funds to your loved ones.