What is a binding death benefit nomination for Stake Super?
A binding death benefit nomination (BDBN) lets you direct how your super benefits are paid if you pass away, provided it's valid and in force when you die.
Managing a binding death benefit nomination with Stake Super
- You can request a BDBN form by getting in touch with the Stake team
- You complete the BDBN form with your chosen beneficiaries and benefit proportions
- Once we receive the completed form, your records are updated to reflect your nomination.
If your situation changes (relationship, dependants, estate planning), you should request and lodge an updated BDBN so your instructions remain current. Stake doesn’t provide advice on who you should nominate. You should seek independent legal and/or financial advice.
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