David Oon, Senior Associate, DBA Lawyers Small private companies frequently act as trustees for SMSFs or trusts, and sometimes in their own right. These companies are governed by their constitution (a set of internal rules). Standard constitutions for a private company are often outdated and contain many pitfalls for the unwary. On the other hand, [read more]
Establish a new SMSF
Order online now. Includes the necessary documents to establish your self managed super fund.
By Gary Chau, Lawyer, and Daniel Butler, Director, DBA Lawyers The idea of acquiring shares from employee share schemes (‘ESS’) in an self managed superannuation fund (‘SMSF’) can be attractive for many reasons, but SMSF trustees have to be mindful of the in‑house asset and the related party acquisition rules. Broadly, a company can via [read more]
David Oon, Senior Associate, DBA Lawyers SMSF changes of trustee are a ticking time bomb if not properly drafted by a lawyer with proper experience. While it is easy to put together a document that simply states that one trustee resigns and one trustee is appointed, several real examples exist where SMSF changes of trustee [read more]