Complete guide to SMSFs 2016 : planning for loss of capacity and death / by Bryce Figot
By: Figot, Bryce.Publisher: Sydney : CCH Australia, 2016Description: ix, 176 p. ; 24 cm.ISBN: 9780994586070.Subject(s): Self-managed superannuation funds (SMSF) | Superannuation | Retirement income | AustraliaOnline resources: Download as an eBook
|Item type||Home library||Call number||URL||Status||Notes||Date due||Barcode||Item reserves|
|Book||Australia||345.17 FIG 2016 (Browse shelf)||Not for loan||CA012526|
|Book||Australia||345.17 FIG 2016 (Browse shelf)||Not for loan||CA012523|
|Book||Australia||345.17 FIG 2016 (Browse shelf)||Not for loan||CA012443|
|EBook||International||CCH eBook (Browse shelf)||Link to resource||eBook||Available as an ebook here|
Introduction -- Critical recent case - Wooster v Morris -- The 11 key steps -- Step 1: Identifying the governing rules -- Step 2: Strongly consider a sole purpose corporate trustee -- Step 3: Shareholding of a corporate trustee -- Step 4: Enduring powers of attorney -- Step 5: Running SMSF upon incapacity -- Step 6: Making a will -- Step 7: Running an SMSF upon death -- Step 8: Wishes for SMSFs wealth upon death -- Step 9: Tax payable -- Step 10: Locking in wishes -- Step 11: Instruct lawyer -- Detailed case studies.
Provides practical guidance on how to plan for the loss of capacity or death of an SMSF member. Helps Australian practitioners identify and deal with any problems that may arise with their clients' super funds.