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Super SavingsBinding death benefit nomination Important are unable to accept your form if it contains whiteout or material alterations. If you need to make alterations to sections 2, 3 or 4 please

How to fill out binding death benefit nomination

How to fill out binding death benefit nomination

1. Obtain the necessary form from your superannuation fund.
2. Fill in your personal details such as full name, date of birth, and address.
3. Nominate your beneficiaries and specify the percentage of the benefit you wish each beneficiary to receive.
4. Sign and date the form in the presence of two witnesses who are over the age of 18 and not listed as beneficiaries.
5. Return the completed form to your superannuation fund for processing.

Who needs binding death benefit nomination?

1. Anyone with a superannuation fund who wants to ensure that their death benefit is distributed according to their wishes.
2. Individuals with complex family situations or specific preferences for how their benefit should be distributed.

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What is binding death benefit nomination?

A binding death benefit nomination is a formal notification to the trustee of a superannuation fund specifying who should receive your superannuation benefits in the event of your death.

Who is required to file binding death benefit nomination?

Any member of a superannuation fund who wants to ensure that their superannuation benefits are distributed according to their wishes upon their death.

How to fill out binding death benefit nomination?

To fill out a binding death benefit nomination, you will need to complete the relevant form provided by your superannuation fund, specify the beneficiaries you want to receive your benefits, and sign and date the form.

What is the purpose of binding death benefit nomination?

The purpose of a binding death benefit nomination is to provide certainty and control over who will receive your superannuation benefits upon your death.

What information must be reported on binding death benefit nomination?

The binding death benefit nomination form typically requires you to provide details of the beneficiaries you want to receive your superannuation benefits, along with their relationship to you.