Did you know you do not own your super?

Superannuation is owned by the Trustee of the Super Fund you are with.

How assets are owned is really important when it comes to your estate planning. If you do not own it, or it is owned jointly then it does not form part of your estate to be distributed under your will.

A comprehensive estate plan is something every Australian adult needs and it is more than just a will. It should address who will make decisions for you when you can’t and address what happens when you die.
With more than half of Australian adults not having even a basic will in place, an aging population and capacity affecting diseases such as Dementia becoming more commonplace, it is an area that is ripe for costly legal battles.
Here are 5 more reasons why you need to have an up to date and comprehensive estate plan.