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  • Is There A Cancellation Form For A Non Binding Super Ion

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To be beneficiaries of your Energy Super Death benefit in the beneficiary details section below. If you are adding beneficiaries, ensure that you include those previously nominated as well as your new beneficiary(ies). Please complete the form in BLOCK letters using blue or black pen. Print an X to mark boxes where applicable. YOUR PERSONAL DETAILS Energy Super member number (if known): Postal address (if same as residential address, write as above ): Surname: Title: Mr Stat.

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If your beneficiary needs quick access to your benefit, a binding death benefit nomination may allow a more timely distribution of your assets and your beneficiary won't have to wait for the trustee or the deceased estate to determine the distribution.

Binding death benefit nominations are only valid for three years but can be renewed. We'll send you a reminder when it's time to renew. If you don't renew, your nomination will be treated as non-binding and we'll provide you notice in writing. Non-binding death benefit nominations don't expire.

If you don't make a written death benefit nomination, the trustee of your super fund will decide who receives your death benefit. It may decide to pay the death benefit to your estate, or it may use its discretion to decide which of your eligible beneficiaries receives the death benefit.

If you don't make a written death benefit nomination, the trustee of your super fund will decide who receives your death benefit. It may decide to pay the death benefit to your estate, or it may use its discretion to decide which of your eligible beneficiaries receives the death benefit.

Non-binding beneficiaries are those you wish to receive your super and any insurance benefit upon your death. A non-binding nomination is not formally binding on the trustee and only acts as a guide for the trustee in deciding how to pay your Death Benefit.

Can a Binding Nomination be Challenged? The trustee of a superannuation is unable to override or use discretion regarding the payment of death benefits where a binding nomination is in place. The only exception to this is if the binding nomination is invalid.

The risk of a Non Lapsing Binding Death Benefit Nomination is that a member will forget about how they have nominated for their benefits to be distributed in the event of their death, which may result in hundreds of thousands, or even millions, being paid to unintended beneficiaries.

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© Copyright 1997-2025
airSlate Legal Forms, Inc.
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Form Packages
Adoption
Bankruptcy
Contractors
Divorce
Home Sales
Employment
Identity Theft
Incorporation
Landlord Tenant
Living Trust
Name Change
Personal Planning
Small Business
Wills & Estates
Packages A-Z
Form Categories
Affidavits
Bankruptcy
Bill of Sale
Corporate - LLC
Divorce
Employment
Identity Theft
Internet Technology
Landlord Tenant
Living Wills
Name Change
Power of Attorney
Real Estate
Small Estates
Wills
All Forms
Forms A-Z
Form Library
Customer Service
Terms of Service
DMCA Policy
About Us
Blog
Affiliates
Contact Us
Privacy Notice
Delete My Account
Site Map
All Forms
Search all Forms
Industries
Forms in Spanish
Localized Forms
Legal Guides
Real Estate Handbook
All Guides
Prepared for You
Notarize
Incorporation services
Our Customers
For Consumers
For Small Business
For Attorneys
Our Sites
US Legal Forms
USLegal
FormsPass
pdfFiller
signNow
airSlate workflows
DocHub
Instapage
Social Media
Call us now toll free:
1-877-389-0141
As seen in:
  • USA Today logo picture
  • CBC News logo picture
  • LA Times logo picture
  • The Washington Post logo picture
  • AP logo picture
  • Forbes logo picture
© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232