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NonLapsing Binding Nomination of Beneficiaries ISSUED 1 NOVEMBER 2023 FUND ABN 45 960 194 277 | USI 45 960 194 277 020Complete this form to make a nonlapsing binding death benefit nomination in relation

How to fill out non-lapsing binding nomination of

How to fill out non-lapsing binding nomination of

1. Obtain a copy of the non-lapsing binding nomination form.
2. Read the instructions carefully to understand the requirements and implications of the nomination.
3. Fill in your personal details such as your name, address, and contact information in the designated fields.
4. Specify the details of your nominated beneficiary, including their full name, relationship to you, and their contact information.
5. Indicate the percentage of your superannuation benefits that you want to allocate to each beneficiary. Ensure the total adds up to 100%.
6. Date and sign the form to acknowledge your understanding and agreement to the contents.
7. Submit the completed form to the relevant authorities or the administrator of your superannuation fund.

Who needs non-lapsing binding nomination of?

1. Anyone who has a superannuation fund and wants to ensure that their nominated beneficiaries receive their death benefits as intended.
2. Individuals who want to have control over the distribution of their superannuation benefits after their death.
3. People who have specific wishes or preferences regarding the allocation of their superannuation benefits among their beneficiaries.
4. Individuals who want to ensure that their superannuation benefits do not become part of their estate and are not subject to potential legal disputes.

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What is non-lapsing binding nomination of?

Non-lapsing binding nomination refers to a legal directive by which a member of a superannuation fund can nominate a specific person or entity to receive their superannuation benefits upon the member's death, ensuring that the nomination remains effective and does not expire.

Who is required to file non-lapsing binding nomination of?

Members of superannuation funds who wish to designate beneficiaries for their benefits are required to file a non-lapsing binding nomination.

How to fill out non-lapsing binding nomination of?

To fill out a non-lapsing binding nomination, a member must complete a specific form provided by their superannuation fund, detailing the nominated beneficiary's name, relationship, and contact information while ensuring the form is signed and dated.

What is the purpose of non-lapsing binding nomination of?

The purpose of non-lapsing binding nomination is to provide certainty to superannuation members regarding who will receive their benefits upon their death, thereby avoiding disputes and ensuring that the funds are distributed according to the member's wishes.

What information must be reported on non-lapsing binding nomination of?

The information that must be reported includes the beneficiary's full name, relationship to the member, date of birth, and contact details, along with the member's signature and the date of the nomination.