- Switzer Report - https://switzersuperreport.com.au -

Keep your binding death benefit nominations and your will aligned

With each new court case, our understanding of SMSFs and death benefits continues to expand.

A recent case highlights just how important it is to get these right in both your will and Binding Death Benefit Nominations (BDBN).

The details

In October 2013, the WA Supreme Court handed down a case involving a death benefit totalling about $650,000 of Francesca Conti from The Conti Superannuation Fund. The two members and individuals of this fund were Francesca and her estranged husband, Augusto Conti.