death benefit Archive
SMSFTax
Superannuation is not like other assets as it is held in trust by the trustee of the superannuation fund. When you die, it does not automatically form part of your estate but instead, is paid to your eligible beneficiaries by the fund trustee according to the rules of fund, superannuation law, and the death nomination you made.
SMSF
Do you have a binding Death Benefit Notification (DBN) for distributing your superannuation benefits when you die? Here's what could happen if you don't.