Binding Death Benefit Nomination Archives - Tony Kelly Lawyer

Update – Superannuation Binding Death Benefit Nominations

by Claire Stollery | Jan 22, 2024 | Binding Death Benefit Nomination, Estate Planning, Powers of Attorney, Self Managed Super Fund, Superannuation

In 2018, Tony Kelly published a blog post regarding the Supreme Court of Queensland case of Re Narumon Pty Ltd [2018] QSC 185. Re Narumon revolved around the ability of an Attorney appointed under a valid Enduring Power of Attorney to renew the principal’s...

The Benefit of a Non-Lapsing Binding Death Benefit Nomination (BDBN)

by Tony Kelly | Oct 30, 2018 | Binding Death Benefit Nomination, Estate Planning, Self Managed Super Fund, Superannuation

The decision of the Supreme Court of Queensland in the recent case of Re Narumon Pty Ltd [2018] QSC 185 highlights the importance of having a correctly drafted binding death benefit nomination (‘BDBN’) which is non-lapsing as it gives a validly appointed attorney the...