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Q&A: How can you reduce inheritance tax if you leave your super to your children?

Garth McNallyUpdated 22 April 2023

Q: How can you reduce inheritance tax if you leave your super to your children?

A: This is something that we all want to know, right? We want to make sure that if we leave money to our kids, that they don't get hit with tax on that money. Look, the easiest way to do it is pulling your money out of super and then investing it in your own name because it's not in super.

About the author

Garth McNally

Garth has worked in the Australian Superannuation industry for over 20 years with a specific focus on self-managed super funds. He provides ongoing support and training to individuals as well as to professionals working in the superannuation area, including advisers, accountants and lawyers. He is a regular contributor to industry publications and to the leading professional bodies including Chartered Accountants Australia & New Zealand (CA ANZ).

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