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Read less. How It Works. Interdependency rating. For more information on the binding death benefit nomination, we recommend that you read the article by Denis Barlin from SBN lawyers about binding death benefit nominations by clicking on the link. To give you a good idea of what one of these documents look like, we provide a sample BDBN. Note that this is a sample document only, with the purpose of just enabling you to see what one of these documents looks like.
You should seek professinal advice on your estate planning needs and the drafting of a binding or non-binding death benefit nomination, as there are many factors and variables that can go into these decisions, which in turn determines how your BDBN will be drafted. It's FREE , but the benefits are huge. Stay up to date with all the latest strategies, get access to all of our resources, and much more. Click the button below to find out more. All rights reserved.
That is, what happens to your SMSF account balance, and perhaps any insurance proceeds, in the event of your death - and what happens if your spouse unfortunately also passes away at the same time?
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