Single with no dependants and cited nieces or nephews as beneficiaries if you die? You’ll need to take more action to make sure they’re the ones who get it.
Only 16 per cent of Australians aged 18 to 34 have carried out some form of end-of-life planning, and it can cause painful and expensive problems for families, an estate planner has warned.
Among those with end-of-life planning, 37 per cent had completed their death benefit nomination form for their superannuation, according to YouGov research commissioned by end-of-life planning advocacy group Groundswell.
Loading...
Lucy Dean writes about wealth management, personal finance, lifestyle and leisure, based in The Australian Financial Review's Sydney newsroom. Connect with Lucy on Twitter. Email Lucy at l.dean@afr.com
