Winding up a SMSF may occur for a number of reasons but what needs to be done and what documents need to be prepared? There is a compliance/legal path to follow and this article outlines key points along that path. Note: This article is a general guide to winding up. Each fund will be different […]
Trust deed
SMSFs: Why are trust deeds still so important?
Put simply β deeds are uber agreements; obligations on steroids; solemn promises carrying the full weight of moral and legal enforcement.
Lost trust deed β trustee is in their 80s – should it be a cause for panic?
Forgetfulness and ageing often seem to go hand in hand. Whether itβs full blown dementia that is getting acres of space in the media these days because the baby-boomers, damn them, have the temerity to live longer than their elders. These days they expect to live well into their 80s, which is about 15 years […]
Ensuring that the trust deed is compliant and up to date is a duty of the trustee
Ensuring that the trust deed is compliant and up to date is a duty of the trustee: Townsends Business & Corporate Lawyers Drafting and mending a superannuation trust deed is not a power that the trustee has discretion to perform or not to perform and is a function that the trustee has to delegate to […]