Superannuation does not ordinarily form part of your estate distributed through your Will. You should check with your superannuation fund who you have nominated as the beneficiary of your policy in the event of your death. It is vital to regularly update any nominations as some lapse after a period of only three years! There are ordinarily restrictions on nominations under your superannuation policy, which limits beneficiaries to either your spouse, your children, or your estate.
Margot Maddock
Simmons Wolfhagen
Practice Manager
work +61 03 6226 1200
margot.maddock@simwolf.com.au
http://www.simmonswolfhagen.com.au