It is really important to have a current Will as this ensures your assets are dealt with the way you want then to be upon your death.
What a lot of people don’t realise is that you can nominate who receives your superannuation benefits (including insurance) and that the payment of these benefits does not form part of your estate, but instead is paid directly to the people you nominate.
As with all things certain rules apply and you can only nominate certain people.
Nominating beneficiaries is simple, and it can significantly reduce the time it takes for your beneficiaries to receive benefit payments.