In this short but powerful episode, we dive into the critical topic of Binding Death Nominations (BDBN) and why they matter for your superannuation. Unlike your will, your super doesn’t automatically go to your chosen beneficiaries unless you’ve completed a valid BDBN. Learn how to take control, avoid trustee discretion, and ensure your loved ones receive what you intend.
What You’ll Learn:
-What a Binding Death Nomination (BDBN) is and why it’s essential
-Who can legally be nominated as beneficiaries
-How to correctly complete and validate a BDBN form
-Common mistakes and misconceptions to avoid
-Why reviewing and updating your nomination matters
Action Step:
Check your super fund today—download the BDBN form, complete it properly, and secure your family’s financial future.