Superannuation Splitting

Superannuation_Splitting

Superannuation contributions have now been a compulsory landmark of the Australian economy for over two decades. As a result, superannuation entitlements are often one of the biggest sources of wealth for Australians.

Superannuation entitlements can be divided amongst the parties as part of the property settlement process. However, unlike ordinary assets, splitting your superannuation entitlements does not convert it into a cash asset for either party. Superannuation is still subject to superannuation laws. This means it is usually retained until retirement ages are reached.

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