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The issue of how member benefits are treated following a member’s death will be even more significant after the 1 July changes with contributions, according to a technical expert.
Back in April, SMSF Association deputy chief executive Peter Burgess said the ATO had come to a settled position on how benefits will be treated in situations where a member has requested benefits before their death but they die before the benefit is paid.
Rad more at SMSF Adviser