Superannuation is often one of the largest assets a person holds, yet many Australians do not realise it does not automatically form part of their estate. Because superannuation is held in a trust and governed by superannuation legislation and fund rules, the benefit may not be distributed in accordance with your Will unless the proper arrangements are in place.
Ensuring your nominations are valid, current, and consistent with your broader estate plan is essential. The following overview highlights the key issues to consider.
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