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 »
Tag Archives: trust deed
Setting up a Self Managed Super Fund
After making the decision to setup a self-managed super fund, there are a range of important decisions and steps about how to structure and operate your fund to get it started. When setting up a self-managed super fund, you take on the role of either a trustee or director of a company which acts as the … Continue reading »
Join us for our next FREE Webinar on SMSF Death Benefit Nominations
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 »
Important questions in developing an SMSF estate plan
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 »
Self Managed Super Solutions – Final Report of Cooper Review released
As promised, the government has been quick to release the final report of the Super System Review (“Cooper Review”). It is a comprehensive report (overview & recommendations are 70 pages alone) covering the review into governance, efficiency, structure and operation of the superannuation industry. At this stage, it is unclear what the government may adopt from these … Continue reading »
10 things you need to know about using SMSF Reserves
There appears to be a great deal of mystery surrounding the use of reserves inside a SMSF. Whilst many thought the abolition of RBLs was the death of SMSF reserves, this is certainly not the case. For SMSFs, there are a range of strategies available that can utilise reserves to deliver exceptional client outcomes. Section … Continue reading »
8 things you need to know before setting up an SMSF
The decision to take control of your superannuation and establish a Self Managed Super Fund will be one of the most important financial decisions that you will make. Not getting it right can simply get you lost and unsure of which direction you need to turn. For many people, an SMSF can be established without … Continue reading »