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VIDEO · 10 FEBRUARY 2022

It Depends – Am I in an interdependency relationship?

Cooper Grace Ward
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An interdependency relationship is a category of people to whom we can pay your superannuation benefit.

AustraliaFamily and Matrimonial
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In this edition of 'It depends', partner Scott Hay-Bartlem talks about whether you are in an interdependency relationship when it comes to superannuation benefits.

VIDEO TRANSCRIPT

Welcome to this edition of It Depends. I'm going to talk about 'Am I in an interdependency relationship?'

Why might it be important?

So, an interdependency relationship is a category of people to whom we can pay your superannuation benefit. Both the possible recipient and it goes to them as a tax dependent tax free.

When does it matter?

So, when we're talking about being in an interdependency relationship, we're talking about to whom we can pay your death benefit from your superannuation fund when you have died. You needed to be in an interdependency relationship with the person just before you died.

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Cooper Grace Ward is a leading Australian law firm based in Brisbane.

This publication is for information only and is not legal advice. You should obtain advice that is specific to your circumstances and not rely on this publication as legal advice. If there are any issues you would like us to advise you on arising from this publication, please contact Cooper Grace Ward Lawyers.

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