The SMSF Academy is pleased to introduce the October 2011 half-day SMSF workshops on Pensions and Estate Planning. These SMSF workshops will work through case studies to outline key issues and strategies in these topical areas, in particular in light of the ATO’s draft ruling TR 2011/D3, when a pension commences & ceases. Due to the workshop format, numbers are … Continue reading »
With an increase in the number of blended families now in Australia, it is important to consider how to structure an appropriate and tax-effective financial result for all family members. A lack of proper estate planning in this area could possibly lead to a loss of control of super benefits and ultimately end up in … Continue reading »
Are you part of a blended family or have you as the ‘trusted adviser’ been approached by your client who has remarried for the second (maybe even third or fourth time) about their estate planning requirements. Let’s take the example of where these remarried (or re-partnered) individuals are both members of the same Self Managed … Continue reading »
I am regularly astounded when confronted with clients with significant assets and wealth that they have no estate plan. I’m not just talking about a Will. Yes, it is an essential ingredient of an estate plan, but it is not a total estate plan. Over the next twenty-five years, Australia will witness the greatest wealth … Continue reading »
The only guarantee you’ll ever get from a lawyer is that one day you will die, so it is therefore important to understand what happens to your superannuation savings when you are no longer here (dead). Whilst this can be quite a detailed and complex area, the first and most important this to remember is that … Continue reading »
After a successful webinar on SMSF death benefit nominations today, I have now uploaded this session onto the website for those people who were unable to attend. Ian Glenister provided a fantastic insight into the issues and requirements surrounding the different types of death benefit nomination, including the benefits of the SMSF Will. This was … Continue reading »
The appropriate structuring of a death benefit nomination for the payment of death benefits from a SMSF is one of the most important considerations a member can ever make. This webinar looks at the types of death benefits nominations available to be used within a Self Managed Super Fund and discusses some of the key … Continue reading »
A lot of time is spent by trustees and professionals alike developing wealth through strategies and investment choices. But far to often we see a lack of estate planning ultimately undo all the hard work that has been achieved over the life of the fund. Case law such as Katz vs. Grossman and Donovan vs. … Continue reading »