When planning who gets what when you die, many people forget about their SMSF. It’s not just about the distribution of fund assets, but who’s in control.
SMSF reporting and record-keeping requirements
SMSFs have many attractions but keeping up with the admin is not one of them. Here’s what you need to know to stay on the right side of the law.
Real DIY super: How to keep SMSF costs super low
If you’re prepared to do a lot of the grunt work yourself, running your own super fund need not be costly.
Had enough of your SMSF: What are your options?
Running an SMSF can sound appealing when you start out, but as the years pass there are many reasons you may want out. So, what are the alternatives?
Choosing an SMSF service provider
Running your own self-managed super fund has many benefits. But unless you have a high degree of SMSF and investment knowledge, as well as plenty of time available to manage your fund, you’re likely to need some professional help. Here we look at the factors you’ll need to consider before you choose a provider.
How to add a new member to your SMSF
Many SMSFs start off with just one or two members but, as members’ children mature and become adults, some SMSF trustees seek to add dependents to their fund.
Guide to SMSF trust deeds
An SMSF trust deed is a legal document that outlines how the fund will be set up and how it will operate. An Australian SMSF must be established with a trust deed that is compliant with Australian superannuation legislation.
What you need to know about six member SMSFs
Legislation is soon expected to pass that will enable larger SMSFs. Are you thinking about adding members? Let us know in our poll.
Guide to SMSF audits
Learn what happens in an SMSF audit, how to find an SMSF auditor, and what are the average SMSF audit fees.
Six member SMSFs: What to consider
Six member SMSF funds – they sound like a sensible idea, don’t they? Put the family in one super fund, make joint investment decisions, help the children save and heaps more reasons. Why not?
SMSF trustee housekeeping checklist for 2021–22
Life is never quiet for SMSF trustees. With new contribution limits and recovery from the pandemic, it looks like the new financial year will be no different.
SMSF trust deed health check for 2021–22
Recent changes to superannuation contribution caps and the transfer balance cap make now a very good time to review your trust deed.
TBAR: Transfer balance account reporting for SMSFs
The bar has been raised on the amount you can transfer into a pension account, but don’t get tripped up by the details.
Is your SMSF ready for SuperStream?
As the October deadline looms, SMSFs need to ensure they are ready and able to take rollovers via SuperStream.
Estate planning and SMSFs: What it is and why it matters
Your SMSF is an important component in the estate planning process. Check our 9 tips for keeping your fund estate planning ready.
