CONTACT US WITH YOUR QUESTIONS
SPECIALISTS IN CONTESTING SUPER DEATH BENEFIT PAYMENTS
A Deceased person’s superannuation death benefit, including their life insurance, is not necessarily paid to their estate for distribution in accordance with the terms of their Will.
If the Deceased person made a binding death benefit nomination that was in force at the time of their death, the superannuation fund must pay in accordance with that nomination.
However if a binding death benefit nomination was not made, had lapsed or was for any reason ineffective, payment of the superannuation death benefit and the life insurance held in the superannuation can be made in accordance with the discretion of the trustees of the superannuation fund.
If the Deceased’s superannuation was held in a self-managed fund, the terms of the trust deed will explain who exercises the discretion.
If the Deceased superannuation was held with another fund, the independent trustees of each fund will require submissions to be made so they may exercise their discretion as to how they wish to pay the death benefits.
We accept instructions to draft submissions on your behalf to seek that the Deceased’s death benefits be paid in accordance with your wishes.
GOT QUESTIONS? GET ANSWERS FROM THE ESTATE LAWYERS. YOUR INITIAL CONSULTATION IS FREE
We always want to speak with any potential new client. It does not cost you anything to get in touch with one of our specialist estate lawyers. We will provide you with some initial guidance free of charge and we can discuss with you our fee proposal for any work you might require and the time frame for the completion of your work. Call us during business hours or contact us at The Estate Lawyers for email and other contact information.