Meet Graeme Graeme is a 56 years old builder. He has been married and divorced and has adult children from that marriage. He now has a second spouse. Graeme and the second spouse are members of an SMSF together. They are also the trustees of the SMSF. His SMSF has acquired vacant real estate. The [read more]
Establish a new SMSF
Order online now. Includes the necessary documents to establish your self managed super fund.
This article outlines some of the key international issues facing SMSFs today and addresses the practical skills necessary to ensure that these matters are handled effectively. SMSF residency SMSFs are generally not appropriate for people who spend extended time overseas. Such funds can easily lose their complying status and suffer significant tax penalties. Residency requirements [read more]
A question that is periodically posed to advisers is the ability of SMSF trustees to invest using derivatives. There is some uncertainty as to the answer. This article seeks to provide guidance. Need for a derivatives risk statement Firstly, there is a misconception that should be addressed — the misconception that all SMSF trustees holding [read more]