If a trustee or a director of an SMSF loses mental capacity, appropriate actions need to be taken within 6 months in order to meet compliance requirements.
corporate trustee
Deregistration of SMSF corporate trustee
Companies in Australia are legal entities – virtual people. They are capable of doing many things in their own right, including acting as the trustee of a self-managed super fund.
Tips and traps appointing a corporate trustee for an SMSF
There are very few SMSF specialists who don’t think that having a company as the trustee of the fund is preferable to having the members act as trustees individually.
Giving a director the boot
When relationships between directors of private companies who are family members or business partners break down, how easy is it to get rid of them?
Three questions commonly asked when establishing an SMSF corporate trustee
We are regularly asked these three questions by clients either setting up a new fund with a new corporate trustee or wanting to change their trustees from individuals to a company. Do I need a company secretary for my proprietary company? There is no obligation on a company to appoint a company secretary however, if […]