Check your BDBN against the trust deed of the SMSF
by Duc Hong Many SMSF trust deeds include a standard Binding Death Benefit Nomination or require that the BDBN follows a set format. For the BDBN to be valid and to avoid uncertainty when it’s come to paying out a death benefit, it is necessary for the deed to incorporate specific clauses and powers that … Continue reading Check your BDBN against the trust deed of the SMSF
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