If you’re an adviser who has anything to do with BDBNs, you NEED to know about this latest case of Narumon Pty Ltd from the Queensland Supreme Court which considered the rules relating to attorneys making BDBNs. You can read the decision at https://www6.austlii.edu.au/cgi-bin/viewdoc/au/cases/qld/QSC/2018/185.html; but why would you do that when you can just watch […]
What is a superannuation proceed trust? This VLOG explains the key things you need to know about superannuation proceeds trusts and how they are established both proactively in a will and post-death. Hi. It’s Tara Lucke here. So, in my Facebook group, The Art of Estate Planning, I had some questions come up from some […]
BDBN versus reversionary pension – ever wondered which takes priority between a binding death benefit nomination and a reversionary pension? Not sure when to make a binding death benefit nomination? Check out my post https://www.taralucke.com.au/to-bdbn-or-not-to-bdbn-that-is-the-question/ If you’re looking for a comprehensive decision tree about when to use a binding death benefit nomination, check out my Estate […]
To BDBN or not to BDBN, that is the question For a significant proportion of the Australian population, superannuation and life insurance held via superannuation will constitute one of their largest assets. However, there is a common misconception held by many that superannuation automatically forms part of the pool of assets distributed by their will. The […]