I have put together this flowchart explaining the new non-concessional contribution (‘NCC’) rules, in particular how clients will transition to the new rules come 1 July 2017. I suspect all advisers will have clients for whom this information is relevant and many client might want to make large NCCs before 1 July 2017. We will [read more]
Establish a new SMSF
Order online now. Includes the necessary documents to establish your self managed super fund.
The recent case of Trustees of the Property of Morris (Bankrupt) v Morris (Bankrupt)  FCA 846 shows just what happens when superannuation, bankruptcy and the payment of death benefits intersect. Facts Ms Debbie Morris was married to Mr Michael Foreman. They had two children: Gracie (born in July 2011) and Wes (born in January [read more]
We examine yet another benefit of having an SMSF corporate trustee in addition to the many other compelling reasons why each SMSF should have a corporate trustee. In particular, we outline below how to save time and money where an SMSF has a ‘special purpose company’ acting as trustee. [read more]