Old age isn’t the only time you may need to rely on someone you trust to make decisions concerning your medical treatment. As highlighted by the rapid onset of COVID-19, people of any age can become critically unwell. Ensure your decisions are adhered to with an advance care directive.
To legally access your super in Australia you must satisfy a condition of release. Different conditions of release have different payment conditions and tax implications.
Australian super law allows for the full early release of your super if you’re diagnosed with a terminal medical condition, provided your super fund allows it.