What is Superannuation and Estates?
Superannuation, also known as “super”, is a compulsory payment by an employer to an employee. It is a long-term savings fund set up by the Australian Government to make sure that people have money for when they retire. Super sometimes includes types of insurance.
Deceased estates, also known as “Estates”, is legal process where an estate – meaning any property, money, debts or other items – is left behind when someone passes away. The law about deceased estates is different in every State and Territory in Australia.
When should I get help with Superannuation and Estates?
You might consider seeking legal advice if you answer “yes” to any of the below questions:
- Do you know where to find your superannuation benefits?
- Is your superannuation spread across a number of accounts or funds?
- Has your partner or an immediate family member passed away?
- Do you need help with a deceased estate?