Estate Planning
Changes to superannuation rules on 30 June 2007 resulted in the "freezing" of certain superannuation components. Careful planning and attention was required prior to the rule changes to ensure that our clients were in a sound position post these changes.
Alliance proactively managed an estate planning strategy for many clients that may ultimately save their estate tens of thousands of dollars in tax.
Case study 3
Mr. and Mrs. Smith, both retired and over the age of 60, had significant "taxable" superannuation components. At the time, approximately $88,000 would have been payable to the Australian Tax Office should they both suddenly pass away.
Alliance carefully implemented a strategy which resulted in Mr. and Mrs. Smith having 100% of their superannuation pensions classified as "tax exempt", which protects their estate into the future.
