Updating a will Best chating loving and saxy room

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A periodic review of your will means ensuring your will is up to date and that it sets out your wishes with regards to your current assets and the parties, and manner in which you would like them distributed after you pass away.

Your Will is often your last message to your loved ones.It is a legal document that is unique to you and can help make sure your assets, the people and things you love are taken care of after you’re gone.It also specifies who is responsible for carrying out your final wishes; this person is known as the executor of your Will.In some cases trustees have a discretion who they pay a death benefit to unless legislation or the governing rules provide otherwise.Some funds allow a member to service a notice on the trustee nominating a person that the trustee The form of a DBN for a Public offer fund or Industry fund must be in strict compliance with the requirements of s 59 of the Superannuation Industry (Supervision) Act 1993 (“SIS Act”) and the Superannuation Industry (Supervision) Regulations 1994 Regulations (see Determination SMSFD 2008/3).

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