Superannuation Lawyers Perth
Many people do not realise that their superannuation may not form part of their estate following death, or that their superannuation may not automatically be passed to their intended beneficiaries pursuant to their will.
However, a binding death benefit nomination allows you to nominate who will receive your superannuation benefit following your death. As such, this ensures that the trustee of the superannuation fund is legally bound to follow your instructions.
Without a binding death nomination in place, the trustee of your superannuation fund must follow the rules set out in the super fund’s trust deed when deciding which of your dependents should receive your superannuation death benefit, which may not be in accordance with your wishes.
As Perth’s trusted law firm, our superannuation lawyers are ready to provide their expertise to ensure that your superannuation benefit is passed on to your intended beneficiaries according to your wishes.