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Recorded Webinars

Recorded Webinar: BDBNs: Not So Binding After All?

A binding death benefit nomination can provide certainty as to who receives the member’s death benefit. While BDBNs sound simple in theory, BDBNs continue to come unstuck on grounds of invalidity. This session examines how to navigate the pitfalls of BDBNs, including:

Date/Time

About the Webinar

A binding death benefit nomination can provide certainty as to who receives the member’s death benefit. While BDBNs sound simple in theory, BDBNs continue to come unstuck on grounds of invalidity. This session examines how to navigate the pitfalls of BDBNs, including:

  • Does the trust deed allow for the making of a death benefit nomination?
  • When is a binding nomination not appropriate?
  • What does the trust deed require for a non-lapsing BDBN?
  • Choosing appropriate beneficiaries
  • Is renewal of the death benefit nomination necessary?
  • Can an EPOA make a BDBN?
  • Lessons from Re Narumon Pty Ltd [2018] QSC 185

Presented By

Andrew Smyth
Partner, Robbins Watson Solicitors Gold Coast, QLD

Andrew is the managing partner of the firm, and practises primarily in estate planning and administration and business and personal structuring, focussing on complex and high value matters: typically involving Superannuation, Trusts, Companies, Taxes and International matters.

Andrew is a member of the peak industry bodies in his fields of practice: Society of Trust and Estate Practitioners (STEP) and The Tax Institute (ATI). Both of these organisations only accept membership from persons with proven expertise and experience in Trusts, Estates and Tax respectively.

In 2022 Andrew was appointed executive member of the Legal Practice Section of the Law Council of Australia, where he works to improve the regulation of the legal profession and advocates for changes enhancing the timely and cost-effective delivery of legal services.

Andrew writes and presents technical papers and CPD for the legal and accounting professions on Trusts and Super, and is a co-author of the reference text “Estate Planning” published by LexisNexis.

Andrew is also an experienced litigator, and was head of the firm’s litigation department for over 15 years. He has been a member of the Queensland Law Society Litigation Rules Committee since 2012, and was deputy chair of that committee from 2018 until 2022. This litigation experience informs and enhances Andrew’s commercial and planning advice, as he knows how and when disputes may arise, and is a fearless advocate for his clients when required.

Who Should Attend?

This webinar is suitable for accountants and lawyers advising in superannuation matters – Australia wide. This webinar is for practitioners with some knowledge in this area and looking to improve their knowledge.

Enquiries/Assistance

If you need assistance or have an enquiry, please do not hesitate to contact our Webinar Coordinator, Lisa Tran on (03) 8601 7709 or email: [email protected]

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