Room for improvement on superannuation death benefits

Wills and Estates: 21 April 2023

Jack Conway is one of our rising stars and an Accredited Specialist in Wills & Estates, which is why the Financial Standard has interviewed him for its special feature on Estate planning | Onwards and upwards.

With changes regularly being made to the scope of concessional tax benefits in superannuation, Jack Conway tells the Financial Standard it would be great to see some proposed reforms and clarity in the death benefits space.

"Most lawyers and advisors now appreciate that superannuation death benefits don't form part of a deceased estate, and that binding death benefit nominations typically lapse every three years (lapsing BDBNs)," Jack says in the article Estate Planning | Onwards and Upwards. 

For the full story: Estate planning | Onwards and upwards

Please note: The information in this article is provided for general information purposes only and does not constitute legal advice. It is not intended to be comprehensive or to apply to any specific circumstances. You should seek independent legal advice before acting on any information contained in this article.