We receive a number of enquiries from various people trying to locate a loved one’s superannuation. Unfortunately, there is no hard and fast rule to locating a deceased’s superannuation. What can I do to locate the lost or unclaimed superannuation? Firstly, it may be useful speaking to family and friends to determine whether they are aware of any funds held on behalf of the deceased. The next step is to contact some of the industry superannuation funds directly to enquire about the deceased’s superannuation. What if I am unable to obtain information from an industry superannuation fund? If you ..read more

When looking at a client’s estate plan, one of the important issues we address is whether they have a Binding Death Benefit Nomination. However, until the recent decision in Re Narumon Pty Ltd [QSC] 185 it was unclear as to what an attorney could do in relation to a principal’s Binding Death Benefit Nomination after the principal had lost capacity. What is a Binding Death Benefit Nomination? A Binding Death Benefit Nomination is an important document to have whether you have superannuation with an industry fund, or in a self-managed superannuation fund.  By completing a Binding Death Benefit N ..read more