April 23, 2014
Sole purpose corporate SMSF trustees have been touted as superior for many years. While the ‘old’ reasons for having one still ring true, recent legal news and ATO policy make it timely to revisit the question. Statistical reality In spite of any benefits in having corporate trustees (and in particular, sole purpose corporate trustees), […]
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March 6, 2014
Traditionally, SMSF trustees have effected insurance for members under a self-insurance model. This involves the SMSF trustee to take out, say, death insurance on a particular member. In the event of a claim, the insurance proceeds are allocated to the relevant member’s account in the fund. The proceeds can then be paid to the member […]
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