An SMSF’s governing documents, including the trust deed, should specify trustee structure in the event of the death of a member, to ensure that the deceased’s estate plan is realised.
Author Archive | Peter Hogan
When an SMSF member becomes a disqualified person, it’s time to act. The law allows a window of only six months for the SMSF to address the issue and become compliant again, but it’s rarely an easy process.
If proposed super changes are enacted, the lifetime cap on non-concessional contributions will confine the re-contribution strategy and significantly increase the tax payable on death benefits. Was that intended?