Binding Death Benefits and Loss of Capacity and Powers of Attorney
Peter McNamara has previously warned that you get your superannuation death benefits sorted: http://www.cml.com.au/wills-smsfs-and-binding-death-benefit-nominations-get-yours-in-line Now a recent case shows that you should get your powers of attorney sorted as well. What happens to your superannuation if you lose capacity? Your superannuation death benefits will be dealt with as set out in the superannuation trust deed. Most […]