‘When I Die’ Workbook
When you pass away there will be many things that need to be taken care of.
This work sheet will help those left behind to close off your estate.
Save this interactive PDF on your computer so that you can:
Download the INTERACTIVE PDF. You can fill out this form and save it on your computer.
Last Will and Testament
What happens to your assets when you die?
Print out and complete this last will and testament. It will let everyone know what should be done with your assets when you die.
Living Will
What happens when you are dying and unable to communicate?
This is a living will – a testament to your wishes in the event of being unable to communicate while dying.
Nomination of Beneficiary
WHO RECEIVES MY BENEFITS IF I DIE WHILE STILL WORKING?
YOUR COMPLETED FORM IS USED AS A GUIDE BY THE TRUSTEES FOR THE FOLLOWING:
Group Life Assurance (GLA) Benefits
Who receives my Group Life Assurance (GLA) benefits if I die while working at Woolworths? Every month you contribute 0.87% of your salary to Group Life Assurance. This scheme pays out a lump sum equal to twice your annual pensionable salary in the event of your death. The payment is tax free.
Pension Fund Credit
If you are single and have no financial dependants, the Trustees may take the Nomination of Beneficiary form into account when allocating your Woolworths Group Retirement Fund Death Benefits.
Your Pension Fund Credit is made up of your total Fund Credit (all your money saved in the pension fund) and 4 times your annual pensionable salary (70% of your TcoE for TcoE employees).
Please complete this form
You must complete a Nomination of Beneficiary form and tell us who to pay and what percentage to pay. This is entirely in your hands and it is vital that your form is always up to date.
It is important to update this form after any of the following events:
Death-In-Service Nomination
Who will take care of my funeral if I die while still working?
In the unfortunate event that you should pass away while employed by Woolworths, your selected nominees will receive your funeral benefit. Your funeral benefit is intended to be used towards your funeral expenses. To nominate beneficiaries to receive your funeral benefit, please fill out this form.