In this guide
Most retired couples plan to leave the bulk of their estate to their surviving spouse, which sounds straightforward. But where super is concerned, nothing is ever simple.
If you’re both retired and drawing a pension from your super, inheriting your partner’s super could have complex tax implications if you’re not careful.
Mapping out some possible scenarios and strategies now could save a lot of worry at what will already be a difficult time of life.
So, what are your options?
Pension or lump sum
The starting point is whether you stand to receive the balance of your partner’s super as a lump sum or as a reversionary pension.
