Many Australians assume there’s no such thing as a “death tax” in Australia. Technically, that’s true — but superannuation tells a different story. When your super is passed on, beneficiaries like independent adult children can face tax of up to 17% (or even 32% if insurance proceeds are included). It’s a little-known trap that can leave families with an unexpected bill at the worst possible time.

The good news? With careful planning — from re-contribution strategies, to nominating the right beneficiaries, to rethinking whether you even need super late in life — you can minimise or even avoid this tax altogether.

Don’t let your life savings be eroded by a “death tax by stealth.” A little planning now can make all the difference for your family’s future.