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Who will receive your super in the event of your death ? It’s important to know because you can’t assume that the trustee of your super fund do what you would have wanted, or that they will even follow your Will.
The answer is to make a binding death nomination. It’s free and you don’t need a lawyer to do it. It’s something we cover with every client as part of their Estate planning.
In contrast, read about the de facto partner of Daniel Leverton, the RAAF serviceman whose young daughters were left out of the bulk of his estate, because Military Super doesn’t allow binding death nominations. That trustee awarded ~ 78% to his de-facto and only 11% each to his daughters aged 7 and 9.
Source: Daniel Leverton: Girlfriend Kirsty Lewis speaks out over $350K inheritance | Adelaide Now
