Estate planning Succession

Estate planning and winding up and SMSF

Source: Western Australia

Published Date: 9 Nov 2012

 

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As the population ages SMSF trustees & their advisers will be faced with the prospect of winding up an SMSF. This paper considers the last ‘stage’ in the lifecycle of an SMSF, including:

  • ageing trustees – options if trustees become incapable of running their SMSF
  • death in a single member fund – who takes on control, and what options do beneficiaries have?
  • death of the ‘final’ pension or accumulation member in an SMSF
  • practical issues on winding up an SMSF, tricks and traps to look out for.

Individual Session

Estate planning and winding up an SMSF

Author(s): Cindy Mcdonald

Details

  • Published By: Cindy Mcdonald
  • Published On:9 Nov 2012
  • Took place at:The Duxton Hotel, Perth

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research critisism or review, as permitted under the copyright Act, no part may be rerpoduced by any process without written permission from The Tax Institute.

Unless expressly stated, opinions are not that of The Tax Institute, which accepts no responsibility for the accuracy of any of the information contained within it.

This material is copyright. Apart from any fair dealing for the purpose of private study., research, critisism or review, as permitted under teh copyright Act, no part may be reproduced by any process without written permission from The Tax Institute.

Unless expressly stated, opininons are not that of The Tax Institute, which accepts no responsibility for the accuracy of any of the information contained within it.

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Estate planning Succession 2012

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