Fred and Audrey are married and live in Cairns, QLD. They have the following assets:

• Savings of $4,000 in a joint bank account
• Family home owned as tenants in common (50% each) worth $400,000
• Home contents owned jointly worth $20,000
• Superannuation - Fred's super balance is $300,000 and Audrey's is $200,000. The both have binding death benefit nominations nominating each other
• They own a car in joint names worth $40,000
• They each own shares in their own name; Fred's are worth $50,000 and Audrey's $80,000

Based on the above, Fred's estate assetstotal:

$50,000

$82,000

$250,000

$282,000

$582,000