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  1. #1
    Oblena's Avatar
    Oblena is offline I've done it in public and I'll do it again - I don't care who sees!
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    Default Superannuation and wills

    My DH and I have listed each other as beneficiaries of each other's super and associated life insurance (linked with super), but I am wondering what happens if both of us die at the same time?

    How will it go to our daughter?

    We don't want tolist her as a beneficiary at the moment becasue if one or the other dies the remaining person will need 100% of the benefit.

    Is this something that is addressed ina will? I also thought that wills couldn't cover super?

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    As a general note Wills can cover super, you just have to put in a specific clause for your super policy.

    It's a bit tricky, I'd suggest getting legal advice on the issue. You want to make sure the right thing happens

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  4. #3
    Oblena's Avatar
    Oblena is offline I've done it in public and I'll do it again - I don't care who sees!
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    We are definitley going to get a lawyer or whoever it is that does wills do do a will for us. I am just stressing now that I have thought of it.

    Glad to hear that wills can cover super as I thought that they w=couldn't if you hadn't listed a beneficiary.

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    No need to stress. If it makes you feel better I did a will with that clause today

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    Oblena  (18-06-2013)

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    Generally if it can't be determined who died first for a couple then it is assumed that the older person died first. So if you are the younger of person then your estate will receive any super and insurance of your partner / husband and then your Will is used to determine where your estate assets go.

    Sent from my GT-I9000 using The Bub Hub mobile app

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    Oblena  (18-06-2013)

  9. #6
    BH-KatiesMum's Avatar
    BH-KatiesMum is online now Community Manager
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    as far as leaving the benefits ... you just leave them to your DH, with a clause that if he dies first, it goes to your DD (and he does the same)

    Guardianship of your DD is a whole other question. That does need to be addressed by a lawyer

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    as far as leaving the benefits ... you just leave them to your DH, with a clause that if he dies first, it goes to your DD (and he does the same)

    Guardianship of your DD is a whole other question. That does need to be addressed by a lawyer


 

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