When setting up a Self Managed Super Fund, it is wise to consider the needs of the members well after the Fund has been set up and operating, in particular when a member dies of becomes mentally incapacitated.
These two traumatic events will have complex and costly outcomes for the remaining members and their families.
A Corporate Trustee inside a SMSF will help to reduce costs and the compliance headaches for fund members and their families with increased asset protection, time to grieve and adapt, and administrative efficiencies to name a few.
Read this article by Liam Shorte for a full account of the benefits of a Corporate Trustee.
February 2, 2017
January 30, 2017
January 27, 2017
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