A Superannuation Proceeds Trust (SPT) is a type of Testamentary Trust.  That is it is created under a Will.  It is funded only from superannuation death benefits (the balances of  the deceased).

A SPT has a limited class of beneficiaries – Tax Dependents of the deceased, i.e., the spouse and minor children.  

As distributions will only be made to Tax Dependents a highly favourable tax result should be achieved.

What is a testamentary Trust? 

If you would like to discuss further please contact us:
McNamara and Co - Chartered Accountants, located minutes from the Melbourne CBD
www.mcnamaraandcompany.com.au/contact-us
Phone +61 3 9428 1062
Email admin@mcnamaraandco.com

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