Get the free Binding Death Benefit Nomination form - EquipSuper

Binding death benefit nominations form allows you to make, amend or cancel a binding death benefit nomination for your Club Plus Super benefit. A binding death benefit nomination is a useful tool in

How to fill out binding death benefit nomination

How to fill out binding death benefit nomination

1. Obtain a binding death benefit nomination form from your superannuation fund.
2. Read and understand the terms and conditions of the nomination form.
3. Fill in your personal details, including your full name, date of birth, and address.
4. Specify the beneficiaries you wish to nominate. Include their full names, relationship to you, and the percentage of the benefit each beneficiary should receive.
5. Sign and date the nomination form in the presence of two witnesses who are over the age of 18 but not named as beneficiaries.
6. Ensure your nomination form is properly completed and all required sections are filled out.
7. Submit the form to your superannuation fund, keeping a copy for your records.

Who needs binding death benefit nomination?

1. Anyone who wants to ensure their superannuation death benefits are distributed according to their specific wishes needs a binding death benefit nomination.
2. It is especially important for individuals who have dependents, partners, or family members who rely on their superannuation benefits for financial support.
3. By making a binding death benefit nomination, you can avoid potential disputes and ensure your loved ones receive the benefits you intended for them.

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What is binding death benefit nomination?

Binding death benefit nomination is a legal document that allows a member of a superannuation fund to specify who will receive their superannuation benefits in the event of their death.

Who is required to file binding death benefit nomination?

Anyone who wants to ensure that their superannuation benefits are distributed according to their wishes after their death is required to file a binding death benefit nomination.

How to fill out binding death benefit nomination?

To fill out a binding death benefit nomination, you need to obtain the form from your superannuation fund, provide the required information such as the name of the beneficiary and the percentage of the benefit they will receive, and submit the completed form to your fund.

What is the purpose of binding death benefit nomination?

The purpose of binding death benefit nomination is to ensure that the member's superannuation benefits are distributed according to their wishes and to provide clarity and certainty for their beneficiaries.

What information must be reported on binding death benefit nomination?

On a binding death benefit nomination form, you must report the full name of the beneficiary, their relationship to the member, and the percentage of the benefit they will receive.