Call us: (08) 6267 2200
reception@optimapartners.com.au
  • PAY MY INVOICE
Optima PartnersOptima PartnersOptima PartnersOptima Partners
  • Home
  • About Us
    • Meet The Team
    • Testimonials
  • Our Services
    • Business Advisory
    • Taxation Services
    • Self Managed Superannuation
    • Bookkeeping Services
    • Corporate Secretarial Services
  • Latest News
  • Contact Us

REVIEWING YOUR SMSF TRUST DEED

    Home Blog REVIEWING YOUR SMSF TRUST DEED
    NextPrevious

    REVIEWING YOUR SMSF TRUST DEED

    By admin | Blog, SMSF & Superannuation | 0 comment | 25 November, 2015 |

    SMSF deed

    Essentially the Trust Deed of an SMSF is the life and soul of an SMSF, a bit like a bible in relation to what you can or can’t do. It seems that in today’s world everyone and everything is having “work” done to enhance a multitude of purposes, a nip, tuck or boost here or there, so why not your SMSF deed. In deed!

    Reviewing your SMSF trust deed on a regular basis is advantageous to the members and/or their beneficiaries or even, as in some recent cases, the member’s intended beneficiaries. For example the deed can prevail, even over a binding death benefit nomination, if the deed fails to say so and the possibility of some evil remaining trustee dashing off with the cash intended for someone else is a possibility.

    Apart from legislative change, one of the most relevant issues that will impact on the up to date status of the deed of an SMSF is case law. Hence the possibility of regular changes being required is likely to increase as superannuation now enters it’s maturity stage and more and more superannuation litigation is brought before the courts.SMSF trust deed signing

    While in the process of reviewing the deed it may be an ideal opportunity to consider appointing a corporate trustee. A corporate trustee can have many advantages – however, this is another topic altogether. But if you would like to discuss, please call your accountant at Optima Partners.

     

    Liz Gibbs

     

     

     

     

    Liz Gibbs

    SMSF Manager – OPTIMA PARTNERS

    SMSF

    Leave a Comment

    Cancel reply

    Your email address will not be published. Required fields are marked *

    NextPrevious

    Optima Partners is an energetic and innovative accounting, taxation and business advisory firm with offices in Osborne Park, Guildford and Fremantle.

    To discover how we help businesses across Perth please drop us a line today.

    Tel: (08) 6267 2200

    Email: reception@optimapartners.com.au

    Osborne Park Office

    Suite 3, 128 Main Street,
    Osborne Park,
    WA 6017

    Office Hours:
    Weekdays 8:00am – 5:00pm

    Postal Address

    Locked Bag 5000,
    Osborne Park,
    WA 6917

    Guildford Office

    143 James Street,
    Guildford,
    WA 6055

    Office Hours:
    Weekdays 8:30am – 5:00pm

    Fremantle Office

    Level 1, 72 Marine Terrace,
    Fremantle,
    WA 6160

    Please call for appointment

    Copyright 2021 The Small Business Lounge | All Rights Reserved
    • Home
    • About Us
      • Meet The Team
      • Testimonials
    • Our Services
      • Business Advisory
      • Taxation Services
      • Self Managed Superannuation
      • Bookkeeping Services
      • Corporate Secretarial Services
    • Latest News
    • Contact Us
    Optima Partners