When it comes to making sure your affairs are in order prior to your passing, it’s important to remember that your superannuation death benefit is not necessarily distributed via your Will. This will only occur where you have elected to have your superannuation death benefit paid to your estate, or unless the trustee of your superannuation, under certain circumstances, has decided to pay it into your estate.
Whether you wish your superannuation death benefit to be paid to your estate, directly to your dependents or as a combination of both, it’s important to ensure your beneficiary nominations are up-to-date, valid and reflect your wishes.
In this animation, we discuss superannuation death benefits, eligible beneficiaries and different types of beneficiary nominations you can make.
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