As at 1 March 2019, the Australian Tax Office reported that there were close to 600,000 Self Managed Superannuation Funds (SMSFs) in operation.
More and more Australians are attracted to the flexibility and control that a SMSF allows them. However, that flexibility and control comes with a greater responsibility for ensuring that the fund is compliant at all times and that all your documentation is up to date and in order.
Tetlow Legal can assist trustees and their advisers by:
- Establishing SMSFs, including structuring, compliance and duty considerations;
- Death benefit planning including preparation and advice on binding death benefit nominations; and
- Succession planning associated with SMSF, including implementing a succession strategy to ensure that your superannuation passes to your intended beneficiaries.