The average amount Australians have in superannuation is
$147,000. Many of course have far more, so it is important to make
sure it is inherited by the person or persons you want to receive
the benefit of your life's savings.
Is superannuation included in my will?
The most important thing to remember about superannuation is
that it is not automatically included in your assets when you draw
up a will.
Super is separate from a will. You must notify the super fund
administrator, who will be your super beneficiary in the event of
your death.
If you haven't done this, you have no say where those super
thousands will go. For many people super is their most significant
monetary asset, setting it apart from the estate of property and
investments that are included in a will.
