Marlee Viero
speaker
318 appearances
1 recordings
1 series
first heard Jul 2021
last heard Jul 2021
Marlee Viero’s voice in public audio — every appearance, attributed to the second.
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Appearances
Australian Finance Podcast · Wills & Estates: Your crash course guide from Nest Legal · 26 Jul 2021
podcast
You might have appointed one child, but they might choose to pay it to your spouse instead.
So they're not bound by your decisions.
And by having no nomination, the super fund has to basically do a fact finding exercise to look at who all the potential beneficiaries are.
And then the trustee of that super fund needs to make a decision.
And that's a very, very time consuming period for people's family to go through.
No, because if there's someone that's dependent on you that's actually should receive it, then the super fund would rather pay it to that person than your estate.
Yeah, definitely.
And with the super nominations, they often lapse depending on your super fund.
They can lapse every three years.
So every three years, you'll find you might get a letter from your super fund saying, please update.
So definitely do that.
Or if possible, you can sometimes tick a box to say non-lapsing.
But again, all super funds are different.
Exactly.
Yeah.
Yeah, definitely.
Exactly.
Exactly.
Yeah, it's completely different to your will.
Unless you say, I want my super to go into my estate, it's completely separate.
Showing 261–280 of 318 · page 14 of 16
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