Expat Chat Episode 116 - Who Can an Expat Nominate as a Beneficiary for their Super?

Expat Chat Podcast

Welcome to the one hundred and sixteenth episode of the #Expatchat podcast where we discuss the latest tax and financial issues affecting an #Australianexpat. In today’s Expat Chat we talk about who an Australian expat can nominate as a benenficary of their superannuation in the event of their death. Nominating a beneficary of your super fund should you pass away is something that a lot of Australian expats do not pay attention to which is scary if you think about it. Is the appropriate person receiving and gaining access your life savings? Something as simple as a 60 second check of your super fund can determine whether your wishes as to where your retirement savings go are correct or not. There are also many rules as to who an Australian expat can nominate on their binding death benefit nomination and it isn't as simple as just picking someone. In this episode we run through the following topics: • What is a binding death benefit nomination? • Who can you nominate to receive to be a binding death benefit nominee? • What is the difference between a binding and a non-binding nomination? Links that we discussed in this episode include: • Upcoming events - https://atlaswealth.com/events • Facebook Group - Australian Expat Financial Forum Facebook Group - https://www.facebook.com/groups/Australianexpatfinancialforum • Ask Atlas - Have your questions answered on the podcast by clicking this link - https://atlaswealth.com/news-media/australian-expat-podcasts/questions-or-feedback-for-the-expat-podcast/ • Expat Mortgage Podcast - https://atlaswealth.com/news-media/australian-expat-podcasts/expat-mortgage-podcast/ If you like the content make sure you let us know by hitting the thumbs up and subscribing as well as providing some feedback in the comments below. Atlas Wealth Management is a specialist in providing tax financial planning advice to every Australian #expat. Whether you are based in Asia, the Middle East, Europe or the Americas, we have the experience in providing wealth management and planning services to the expatriate community. Atlas Wealth Management was born out of the demand from expats who wanted a financial adviser to help them navigate the tax and financial maze of living abroad as well as assisting them make the most out of their time overseas. To find out more about Atlas Wealth Management and how we can help Australian expats please go to https://www.atlaswealth.com. Make sure you connect with us on our respective social media channels: Facebook: www.facebook.com/atlaswealthmgmt LinkedIn: www.linkedin.com/company/atlas-wealth-management Twitter: www.twitter.com/atlaswealthmgmt Instagram: www.instagram.com/atlaswealthmgmt