Death benefit allocation - binding nomination

Product type:  Template document | No legal advice or review

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.

This form is partially pre-filled with fund and member details and must be modified as required.  Variable text is indicated in red.

The purpose of these resolutions is to: 

• note the death of a Member (“the Deceased Member”) of the Superannuation Fund;
• note that the Deceased Member made a Binding Death Benefit Nomination (“the Nomination”) which governs the allocation of the Deceased Member’s superannuation interests in the Superannuation Fund; 
• confirm that the Nomination is valid and binding on the Trustee and that the Nomination applies to one or more superannuation interests of the Deceased Member in the Superannuation Fund;
• authorise the allocation of the superannuation interests of the Deceased Member in accordance with the Nomination.

For more information or assistance with death benefit nominations, and estate planning generally, please call SUPERCentral on (02) 8296 6266 or make an enquiry