Do you want your ex to get your super when you die?

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Published: Wednesday, 22 May 2013 14:36

Local Government Super, like all funds, requires that you make a binding nomination for who gets your death benefit. Ordinarily, in the absence of a will or a binding nomination to the fund, it goes to the spouse.

But LGS finds that there are far too many members of the fund who die without a binding nomination and still have a legally married spouse even though they may have fled that hideous and miserable relationship years ago and are happily entranced with a new partner and a new family.

That becomes a significant problem because, believe it or not, (and no observations here about Nambucca) there are some ex spouses and partners who love the idea of getting their hands on your money when you are dead.

You can make a binding death nomination by going to the LGS site on here.