A step-family is “a couple family containing one or more children, at least one of whom is the step-child of one of the partners in the couple, and none of whom is the natural or adopted child of both members of the couple” (Australian Family Trends No. 4 — July 2013, The Australian Institute of […]
death benefits
Dishonest executor wins big in absence of a Binding Death Benefit Nomination
When thinking about estate planning for your super death benefits, Brian Hor – Special Counsel, Superannuation & Estate Planning with Townsends Business & Corporate Lawyers stresses that it is absolutely crucial to put into place a valid Binding Death Benefit Nomination to provide certainty regarding how your death benefits will be paid – especially where there is any potential for a conflict of interest to arise between your intended beneficiaries.
Townsend Lawyers is a leading independent law firm, specialising in commercial and business law, corporate advisory, tax, estate planning, superannuation, insurance, trusts and SMSFs.