Binding Death Benefit Nominations - from $220

PRODUCT INFORMATION

ORDERING YOUR BDBN WITH CONFIDENCE

For your peace of mind, Topdocs provides non-lapsing standard and complex binding death benefit nominations with legal review provided by Topdocs Legal.

Please note that Binding Death Benefit Nominations are only available where the SMSF deed is a Topdocs deed.

As binding death benefit nominations are legal documents, often with high dollar value, preparation by a non legal professional carries significant risk. We remove this risk by having our in-house lawyers individually sign off each binding death benefit nomination, confirming that it has been completed, signed and witnessed in accordance with legal requirements.

Review the Binding Death Benefit Nomination order checklist

See the list of documents you will receive

TWO VERSIONS - STANDARD AND COMPLEX

We provide two versions of the binding death benefit nomination to suit your specific requirements - standard and complex. Their features are as follows:

STANDARD BDBN

Two levels of beneficiary – primary beneficiaries and secondary surviving beneficiaries where a primary beneficiary pre-deceases the member
The BDBN does not lapse merely by the passage of time (non-lapsing)
The ability to pay part or all to the legal personal representative (estate of the member)

COMPLEX BDBN

Three levels of beneficiary - Primary beneficiaries and Secondary surviving beneficiaries where a primary beneficiary pre-deceases the member, as well as final surviving beneficiaries where the secondary beneficiary pre-deceases the member
The ability to nominate specific individual assets to members
The ability to cater for conditional binding death benefit nominations
The BDBN does not lapse merely by the passage of time (non-lapsing)
The ability to pay part or all to the legal personal representative (estate of the member)

WHY ORDER A TOPDOCS BINDING DEATH BENEFIT NOMINATION?

Our binding death benefit nominations are expertly drafted by estate planning specialists
The document is supported and individually reviewed by the lawyers at Topdocs Legal
The Standard BDBN has two levels of beneficiary - primary and secondary
The Complex BDBN has up to three levels of beneficiary
Easy ordered, then your BDBN is printed, bound and posted or emailed to you

MORE INFORMATION

You can learn more about the Topdocs Binding Death Benefit Nomination documentation in the RELATED INFORMATION tab.

Should you have any queries or require more information, please call the team at Topdocs on 1300 659 242.

ORDERING OPTIONS

ORDER BY FORM

Order your document by completing the form below and returning it to us by email or fax.

STANDARD

COMPLEX

Should you have any queries or require more information, please call the team at Topdocs on 1300 659 242.

PRICING

ADVISER^
(inc GST)

RETAIL
(inc GST)

INSTANT EMAIL DELIVERY

due to the complex nature of this document, it is only available via full service delivery

Not Available

FULL SERVICE DELIVERY - Standard

your document is professionally printed and bound, reviewed by our legal team where required, then delivered to you by Toll Courier
delivery is generally within 72 hours

$220

$298

FULL SERVICE DELIVERY - Complex

your document is professionally printed and bound, reviewed by our legal team where required, then delivered to you by Toll Courier
delivery is generally within 72 hours

$440

$550

^ Adviser pricing is available to accountants, financial planners, SMSF specialists and legal practitioners. This pricing is automatically applied when you join Topdocs and sign into the Document Portal to order your documents.

YOUR DELIVERY OPTIONS

When you order a document you can select how you would like it delivered to you. Your options are:

FULL SERVICE DELIVERY

your document is professionally printed and bound, reviewed by our legal team where required, then delivered to you by Toll Courier

Should you have any queries or require more information, please call the team at Topdocs on 1300 659 242.

RELATED INFORMATION

MORE INFORMATION

Outlined below is additional information relating to the document you have chosen.

Binding Death Benefit Nomination Beneficiaries ... [more]

A deceased member’s death benefits can generally only be paid to one or more of their dependants and/or their legal personal representative. Hence, the only people who can be nominated in a BDBN are one or more of their dependants and/or their legal personal representative.

A person’s dependants include their spouse, any child, any person with whom they have an interdependency relationship and any person who is financially dependent on them. Spouse includes same-sex de facto spouse and child includes adopted child, stepchild, ex-nuptial child and child of the person’s spouse. Two persons have an interdependency relationship if they have a close personal relationship and either:

they live together and one or each of them provides the other with financial and domestic support and personal care; or
they do not satisfy the other requirements of an interdependency relationship because either or both of them suffer from a physical, intellectual or psychiatric disability or they are temporarily living apart, eg because one of them is temporarily living overseas.

A deceased person’s legal personal representative means the executor of their will or administrator of their estate.

The Topdocs Standand and Complex Binding Death Benefit Nominations ... [more]

Topdocs provides both standard and complex binding death benefit nominations. Their features are as follows:

Standard BDBN

Two levels of beneficiary – primary beneficiaries and secondary surviving beneficiaries where a primary beneficiary pre-deceases the member
The BDBN does not lapse merely by the passage of time (non-lapsing)
The ability to pay part or all to the legal personal representative (estate of the member)

Complex BDBN

Three levels of beneficiary - Primary beneficiaries and Secondary surviving beneficiaries where a primary beneficiary pre-deceases the member, as well as final surviving beneficiaries where the secondary beneficiary pre-deceases the member
The ability to nominate specific individual assets to members
The ability to cater for conditional binding death benefit nominations
The BDBN does not lapse merely by the passage of time (non-lapsing)
The ability to pay part or all to the legal personal representative (estate of the member)

Should you have any queries or require more information, please call the team at Topdocs on 1300 659 242.