Get the free Binding Death Benefit Nomination

ROOF Pursuit Focus Form C 1 July 2014 Binding Death Benefit Nomination Please complete this form to make a new or to amend an existing Binding Death Benefit Nomination. You should read the section

How to fill out binding death benefit nomination

How to fill out binding death benefit nomination:

1. Begin by obtaining the necessary form from your superannuation fund provider. This form may be available on their website or by contacting their customer service.
2. Fill in your personal information on the form, including your full name, address, date of birth, and contact details. Ensure that all information is accurate and up-to-date.
3. Nominate the beneficiaries who will receive your death benefits in the event of your passing. Provide their full names, addresses, and their relationship to you (e.g., spouse, children, siblings).
4. Specify the percentage or specific amount of your superannuation funds that you wish each beneficiary to receive. You can divide the benefits equally among multiple recipients or allocate different proportions based on your preferences.
5. Sign and date the form to indicate your consent and acknowledgement. Some forms may require witnessing or additional certification, so make sure to read the instructions carefully.
6. Submit the completed form to your superannuation fund provider via mail, email, or through their online portal. Keep a copy of the form for your records.

Who needs binding death benefit nomination:

1. Individuals with superannuation funds: A binding death benefit nomination is an important consideration for anyone who has accumulated superannuation funds. It allows you to have control over who receives your death benefits, ensuring that your wishes are respected.
2. Those with specific beneficiaries in mind: If you have particular individuals in mind whom you wish to receive your superannuation funds after your passing, a binding death benefit nomination is crucial. This can be especially relevant for people with dependents, such as a spouse or children, or individuals who want to provide financial support to specific family members, friends, or charitable organizations.
3. Individuals seeking to avoid disputes or uncertainty: By completing a binding death benefit nomination, you can help prevent potential conflicts and uncertainties that may arise regarding the distribution of your superannuation funds. Having a legally binding nomination in place provides clarity and makes it more difficult for others to contest your wishes.

Remember, it is advisable to consult with a financial advisor or lawyer familiar with superannuation laws to ensure that your binding death benefit nomination aligns with your overall estate planning goals and legal requirements.

For pdfFiller’s FAQs

How can I send binding death benefit nomination for eSignature?

When you're ready to share your binding death benefit nomination, you can swiftly email it to others and receive the eSigned document back. You may send your PDF through email, fax, text message, or USPS mail, or you can notarize it online. All of this may be done without ever leaving your account.

Can I create an eSignature for the binding death benefit nomination in Gmail?

It's easy to make your eSignature with pdfFiller, and then you can sign your binding death benefit nomination right from your Gmail inbox with the help of pdfFiller's add-on for Gmail. This is a very important point: You must sign up for an account so that you can save your signatures and signed documents.

How can I fill out binding death benefit nomination on an iOS device?

In order to fill out documents on your iOS device, install the pdfFiller app. Create an account or log in to an existing one if you have a subscription to the service. Once the registration process is complete, upload your binding death benefit nomination. You now can take advantage of pdfFiller's advanced functionalities: adding fillable fields and eSigning documents, and accessing them from any device, wherever you are.

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 death benefits upon their passing, rather than leaving the decision to the trustee.

Who is required to file binding death benefit nomination?

Anyone who wants to ensure that their superannuation death benefits are paid to the specific individuals they have nominated must file a binding death benefit nomination.

How to fill out binding death benefit nomination?

To fill out a binding death benefit nomination, individuals need to complete the necessary form provided by their superannuation fund and follow the instructions for nominating their preferred beneficiaries.

What is the purpose of binding death benefit nomination?

The purpose of binding death benefit nomination is to give individuals control over who will receive their superannuation death benefits and to ensure that their wishes are followed by the trustee.

What information must be reported on binding death benefit nomination?

On a binding death benefit nomination form, individuals must provide details of the nominated beneficiaries, their relationship to the member, and the percentage of the benefit each beneficiary will receive.