Did you know that on your death, your super does not automatically get distributed in accordance with your will?

A lot of superfunds have rules that control over who they may pay your super to.  So they can pay your super to someone not covered in your will.

So to ensure that your super is paid to the people you want it to be paid to, you need to provide your super fund with a valid binding death benefit notification.

This tells the super fund trustees who they must pay your superannuation benefit to, providing it is valid.

And no this is not the one you do online.  That is a non-binding and can be over ridden by the funds trustees.

So make sure your super goers to who you want it to, and not decided by some faceless person sitting in an office somewhere, make sure your superfund has a valid binding death benefit nomination.

Just check with your super fund to make sure you give them the right paperwork, otherwise it may not be valid and can be ignored by the fund trustees.

If you like this, why not share this with a friend, simply click on one of the icons to the left or below

FREE GIFTS

To help you on your journey to get off the treadmill of working till you drop, I have two FREE GIFTS for you.  Firstly you can get the first 2 chapters of my book “Avoid the Poverty Trap” and secondly, you can watch a short video on why I believe most people are on the treadmill to work till they drop.

And you will join our Email Database for Content, Event Invites, Strategies and Ideas to help you IMPROVE THE HEALTH OF YOUR WEALTH and get you off the Treadmill of Working till You Drop!

Simply enter your name and email and click where it says CLICK HERE.

We promise to keep your email address safe.

Do you and your family a favour and start taking steps so you can improve the health of Your Wealth and get off the treadmill of working till you drop.

Wayne Wanders

The Wealth Navigator

wayne@thewealthnavigator.com.au

If you like this, why not share this with a friend, simply click on one of the icons to the left or below