A considerable proportion of our wealth now sits in
superannuation. It is estimated that at the age of retirement (age
60-64) the average Australian will have over $200,000 in their
super fund.1
Therefore, the question of who gets the superannuation on death
(a.k.a 'death benefits') is an important
topic to consider for two main reasons:
- For Estate Planning; and
- To make, defend and resolve claims regarding
superannuation.
- Estate Planning: Who can control the distribution of
the death benefits?
Super Fund Account Owner:
An individual can best manage the future distribution of their
super fund balance (and influence future disputes) through
nominating beneficiaries via particular Super Funds.
