BDBN versus reversionary pension | Tara Lucke - The Art of Estate Planning
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YouTubeTara Lucke - The Art of Estate Planning
"What is a Binding Death Benefit Nomination for my superannuation?" A Binding Death Benefit Nomination (BDBN) tells your super fund who gets your superannuation when you die. For Industry or Retail super funds, if your BDBN is: ✅ Completed correctly (signed, dated, witnessed properly) ✅ Accepted by your fund ✅ Names an eligible person Then that's who will receive your super. BUT here's the catch: BDBNs can EXPIRE 🚨 If yours has expired, your super fund's trustee decides where your super goes -
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