12 04, 2018

Transferring an asset from a super fund to a member – no stamp duty in SA

2018-08-28T09:06:23+00:00

In South Australia stamp duty is not payable on a transfer of real property from a trustee of a trust to a person who already has a defined beneficial interest in the property. For example, a transfer of property from the trustee of a unit trust to the unit holder. But there are a couple of tricks you need to be aware of.

Transferring an asset from a super fund to a member – no stamp duty in SA2018-08-28T09:06:23+00:00
23 03, 2018

Do you and your spouse have more than $1.6 million (in total) in super?

2018-03-23T15:28:55+00:00

Everyone gets a $1.6 million cap on the assets that can support a tax-free super pension. You and your spouse each get a separate cap. But super pensions that pass to you from your spouse when they die may put you over your cap. This will have adverse tax outcomes. You need to plan for this as part of your estate planning.

Do you and your spouse have more than $1.6 million (in total) in super?2018-03-23T15:28:55+00:00
22 11, 2017

Are you about to pay off your SMSF ‘limited recourse borrowing’ loan?

2019-02-01T07:44:24+00:00

If you are about to pay off your limited recourse borrowing loan (or have recently done so), you are probably wondering what to do next. You might want to simplify your super fund investments and wind up the custodian trust. Or you might be planning your next property purchase. In this article, we answer [...]

Are you about to pay off your SMSF ‘limited recourse borrowing’ loan?2019-02-01T07:44:24+00:00
5 09, 2017

How to direct particular super assets to particular beneficiaries

2017-09-05T09:11:32+00:00

A key benefit of having your super in a SMSF is that you can choose who ultimately benefits from particular assets within your fund when you die.

How to direct particular super assets to particular beneficiaries2017-09-05T09:11:32+00:00
2 05, 2017

Some less obvious observations about the 1 July super changes…

2017-12-15T09:08:47+00:00

As most people now know, from 1 July 2017 the amount a super fund member can have in a pension account will be capped at $1.6 million. There has been a lot of general commentary on these changes, but little deeper analysis of the details.

Some less obvious observations about the 1 July super changes…2017-12-15T09:08:47+00:00
23 11, 2016

Is your executor automatically appointed as your replacement trustee/director for your SMSF?

2017-03-08T13:36:14+00:00

The short answer is, no. There is no law or regulation that has that effect. It may be that the terms of your super fund deed provide for this to occur. However, most super fund deeds that we have come across do not. See Ioppolo v Conti [2013] WASC 389 and Wooster v Morris [2013] [...]

Is your executor automatically appointed as your replacement trustee/director for your SMSF?2017-03-08T13:36:14+00:00
25 06, 2015

Business succession and your super fund

2017-11-18T09:06:44+00:00

Sometimes people look to their super fund as a means of funding life insurance for a business buy-sell arrangement. This is possible, but there are some tricks and traps to be aware of...

Business succession and your super fund2017-11-18T09:06:44+00:00
12 10, 2014

Essential things you need to know about SMSFs with only 1 member

2017-11-18T10:04:00+00:00

This briefing note discusses your options for appointing a trustee for your self-managed super fund, and what happens if you lose mental capacity, die, or leave the country.

Essential things you need to know about SMSFs with only 1 member2017-11-18T10:04:00+00:00
27 01, 2013

Getting creative with your super nominations

2019-01-15T09:58:39+00:00

Super nominations do not need to be as boring (and perhaps as inappropriate) as “I nominate my spouse to receive 100% of my super”. Set out below are 7 ways to get creative – and more effective - with your super nominations.

Getting creative with your super nominations2019-01-15T09:58:39+00:00
24 09, 2012

Why do I need to think about what happens to my super when I die?

2019-05-30T10:09:32+00:00

If you die with money left in super, there are a number of things you need to think about. Most importantly, who will get your super, and what tax will be payable?

Why do I need to think about what happens to my super when I die?2019-05-30T10:09:32+00:00