Binding Nominations for Superannuation
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What happens to my life insurance proceeds when I die?

Your life insurance proceeds get paid to your estate provided that the policy is held in your own name and you have made a direction for it to be paid to your estate. If you have named one or more beneficiaries in your life insurance policy, then th...


How do I direct my SMSF funds into my estate?

You can direct your SMSF into your estate by completed a Binding Death Benefit Nomination form which is very carefully worded to do this. This will ensure your death benefit is paid to your intended beneficiaries under the estate in accordance with...


How does a vision impaired person sign their Will?

A client who is vision-impaired, and cannot see nor sign the Will, can still have their Will done. There is a process wherein the signing of the Will involves the Attestation clause, which explains how the Will was read and how the Will was signed i...


I’m getting married soon. Do I have to redo my Will?

Unless the current Will you have contains the words “made in contemplation of marriage” and your soon-to-be spouse is your beneficiary or at least one of them, then you may need to prepare a new Will. By using the words “made in contemplation of mar...


What is the role of the Executor?

An Executor is the person who administers your estate (which means divide up as per your instructions) after you pass away. The Executor may also be is the major beneficiary in the Will.The role of the Executor is to• initially locate your Will whic...


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