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Upon the death of a member, trustees should consider the following aspects when deciding how to distribute death benefits of a member: Question 3Answer a.
Upon the death of a member, trustees should consider the following aspects when deciding how to distribute death benefits of a member: Question 3Answer a. The age of the beneficiaries, the wishes of the member and the amount available for distribution. b. Trustees have no authority to decide how death benefits should be distributed c. The trustees will first distribute the benefits among themselves, and then look for beneficiaries. d. Only once the benefits have been paid to the estate of the member and any funds are left, may it be distributed to nominees and/or dependants
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