What happens if your binding death benefit nomination has expired when you die?
Answered byKevin FinnHead of LegalWatch · 0:39If a binding death benefit nomination expires before you die, it generally stops binding the super fund’s trustee. Standard lapsing nominations commonly last three years, while some funds offer non-lapsing nominations. The trustee then distributes the benefit under the fund’s rules, which may not match your wishes. Check your fund’s portal or contact the fund to confirm your nomination’s status and renewal requirements.
For related guidance, see do I need to mention super in my Will if I have a non-lapsing binding death benefit nomination?.
Read the video transcript
Standard binding death benefit nominations offered by industry or retail superannuation funds usually expire within three years. If your nomination lapses before you die, then the death benefit will be distributed under the terms of the superannuation trustee, usually at trustee discretion. Check your superannuation portal today to see if your nomination is active.
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