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Recorded Webinars
Recorded Webinar: BDBNs and SMSFs: The High Court's Verdict Is In
A BDBN can provide certainty regarding who will receive the member’s death benefit. However, BDBNs continue to come unstuck on grounds of invalidity. This session examines how to use BDBNs for maximum impact, with a focus on the High Court’s recent decision in Hill v Zuda. It cove
PRESENTED BY
Hayley Mitchell
Special Counsel, Cooper
Date/Time
About the Webinar
A BDBN can provide certainty regarding who will receive the member’s death benefit. However, BDBNs continue to come unstuck on grounds of invalidity. This session examines how to use BDBNs for maximum impact, with a focus on the High Court’s recent decision in Hill v Zuda. It covers:
- The High Court decision in Hill v Zuda
- The legal position with BDBNs and SIS – the deed is determinative
- Reviewing the deed:
- Are there provisions mimicking SIS?
- Are there any provisions there at all?
- Drafting BDBN clauses in SMSF trust deeds –
- In whose favour can they be made?
- How they should be make – execution formalities
- Duration
- Revocation
- Replacement
- Are there any circumstances when a BDBN should be automatically revoked – eg divorce
- Pros and cons of “hard wiring” BDBNs in the deed
- Should or can an enduring attorney be able to change them?
- BDBNs in the estate plan:
- Why they are important
- Types of plans where their use is important
- When it’s best to nominate the LPR
- Case studies
Presented By
Hayley Mitchell
Special Counsel, CooperWho Should Attend?
This webinar is suitable for succession lawyers and estate planners – Australia wide. This webinar is for practitioners with some knowledge in this area and looking to improve their knowledge.
CPD Information
Lawyers can claim up to 1 CPD unit/point – substantive law . This webinar has been designed to run for 1 hour, however, webinar lengths can vary depending on the level of questions and discussion. WA lawyers – Please note that TEN is unable to verify your completion of recorded webinars to the Legal Practice Board of WA. TEN is an accredited provider.
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]