BEE-D-BEE-Ns – Don’t get stung

  • Presentations, Technical Resource
  • Death benefits

National Conference 2023

The pace of evolution of all aspects of superannuation related estate planning has continued to intensify over the last 12 months.
 
Arguably the single most important aspect of any SMSF related holistic estate planning exercise is in relation to binding death benefit nominations (or BEE-D-BEE-Ns; AKA BDBNs)
 
This workshop will provide an insight into a range of crucial issues and explore key points of discussion including:
 
  • When should BDBNs be used and when BDBNs should not be used
  • Unbundling of best practice in relation to BDBN advice – and implementation
  • Analysing the conflicting strategies of BDBNs v Reversionary Pensions v SMSF Wills v Irrevocable BDBNs
  • An update in relation to key BDBN related cases
  • Exploring valid approaches for aligning superannuation entitlements with wider holistic estate planning arrangements.

The contents of this resource are taken to be correct at the time of publication.

Disclaimer: Technical Papers contain general advice only and are prepared without taking into account particular objectives, financial circumstances and needs. The information provided is not a substitute for legal, tax and financial product advice. Before making any decision based on this information, you should assess its relevance to the individual circumstances of your client. While the SMSF Association believes that the information provided is accurate, no warranty is given as to its accuracy and persons who rely on this information do so at their own risk. The information provided in this bulletin is not considered financial product advice for the purposes of the Corporations Act 2001. © SMSF Association