Should I include my children as members of my SMSF?
Including your children as members of your SMSF can be quite beneficial, but do you know the risks and disadvantages of doing so?
Appointing an enduring attorney to look after your SMSF while you’re overseas
If you are heading overseas for an extended period of time, and have a SMSF, then you need to do some housekeeping before you leave.
Why you need a succession plan for your SMSF
The trustee of your SMSF is all-powerful. The trustee decides how much money you can put in the fund, who else can join, how your money is invested, how much gets paid out to you and when, and finally who gets what’s left over when you die. So how do you ensure the trustee of your fund continues to do the right thing when you can no longer be involved? There are a number of strategies you need to have in place
Transferring an asset from a super fund to a member – no stamp duty in SA
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.
Are you about to pay off your SMSF ‘limited recourse borrowing’ loan?
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...
How to direct particular super assets to particular beneficiaries
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.
Can you keep your SMSF if you become non-resident?
What happens to my SMSF if I become a non-resident?
Separation and your estate planning
When you are separating for your spouse or partner, it’s easy to get bogged down in negotiations about your kids and dividing up your property. But don’t forget your estate planning – otherwise you may just end up leaving your former partner the biggest gift of them all.
How do I use superannuation to minimise taxes, protect and build wealth and provide tax-effective benefits for me and my family in my retirement and on my death?
Superannuation is now an important part of all wealth-building and retirement strategies. We discuss the key issues that you should consider when setting up your superannuation strategy to make sure you and your family get the full benefit that superannuation can offer.
New South Wales Stamp Duty Concessions on Transfer of Property from a Member to a Self-Managed Superannuation Fund
In certain circumstances you can now transfer NSW real property to your super fund with only nominal stamp duty.