YOUTUBE — VIDEO 3
Binding death benefit nominations – don’t let your super go to the wrong person
About this Episode
Your superannuation could be one of your largest assets - but it doesn't automatically pass under your will. A binding death benefit nomination is what directs your super to the people you choose. Without a valid one, the fund's trustee decides who receives it, and that may not match your wishes.
In this conversation:
- What a binding death benefit nomination is
- The requirements for it to be validly made – miss one and it can be invalid
- How these nominations can expire, and when they need renewing
- What happens when a nomination lapses
- How the fund’s trustee then decides who receives your super
Running time: 2 minutes, 20 seconds
CALL1300 323 313
Listen or Watch
YouTube: https://youtu.be/4P0z5tDHAyA
Danielle Little
Danielle Little is the owner and Principal of Little Estate Lawyers. Danielle is an expert in estate disputes and estate litigation. Danielle’s experience spans over many years. She worked in a large multi-national firm gaining extensive experience in plaintiff medical negligence claims, litigation and complex deceased estate matters.
Contact Danielle on 1300 323 313
This episode is general information only and isn’t personal financial, legal or tax advice. For advice about your own circumstances, please speak to an appropriately qualified professional.