Your superannuation is your money, and it's essential to plan for its future, even if you can't access it for decades.
When you die, you want to ensure that your estate assets go to the right people in a timely manner. This is where a binding death benefit nomination comes in, particularly if you're in a blended family or have specific concerns.
Having an estate plan in place is crucial to guarantee that your superannuation goes to the intended beneficiaries.
A binding death benefit nomination allows you to specify who should receive your superannuation in the event of your death.
It’s important to have an estate plan to ensure that on death your estate assets go to the right people in a timely manner.
Author's summary: Plan your superannuation's future to ensure it goes to the right people.