SMSF toolkits

Death Benefit Nominations - FAQs relating to SUPERCentral or Townsends Lawyers SMSF deed. This complimentary Guide answers many questions, such as what is the difference between a binding nomination and a non-binding nomination?

This standard template revokes all previous SMSF Death Benefit Nominations (if any) and directs the trustee of the Superannuation Fund to allocate any amount payable from the Superannuation Fund to a single beneficiary.

Binding death benefit nomination – multiple beneficiaries (standard form). This template revokes all previous SMSF Death benefit Nominations (if any) and directs the trustee to allocate amounts payable by the Superannuation Fund specifically to multiple beneficiaries.

This flexible cascading BDBN template revokes all previous SMSF Death Benefit Nominations (if any) whether binding or non-binding and allows an individual Member to nominate successive alternative beneficiaries for the superannuation death benefit.

Binding death benefit nomination (class cascading). This flexible template revokes all previous SMSF Death Benefit Nominations (if any) whether binding or non-binding and allows an individual Member to nominate successive class beneficiaries.

These death benefit allocation FAQ's are for the 2024-25 financial year and relate to the allocation of death benefits in respect of self-managed superannuation funds ("SMSFs") governed by either the SUPERCentral or the Townsends Lawyers Governing Rules

This template is only appropriate for the situation where, on the death of a member, the allocation of the death benefit of member is governed by a binding death benefit nomination.

Death benefit allocation - no nomination.

Death benefit allocation - non-binding nomination.

Choose this document when a member wishes to revoke a previous SMSF binding or non-binding death benefit nomination.