Recently, I was asked how SMSF Trustees can prepare for situations where they become incapacitated or no longer wish to manage their fund. These questions highlight the profound concern people have about transferring control of their wealth and ensuring their well-being. To address this concern, I’ve developed a simple checklist for SMSF trustees to consider…
An Enduring Power of Attorney (EPoA) is a legal agreement that allows you to appoint someone you trust to make financial and/or property decisions on your behalf. This can be done by anyone over the age of 18 who has full legal capacity. Every day, we make numerous decisions regarding our families, work, and lifestyles. Yet,…
Many SMSF Trustees are aware of the importance of estate planning for the proper distribution of assets after their death. However, not all of them realize the significance of planning for a smooth transition of their fund and super benefits when they pass away. In a small business, a comprehensive succession plan can mitigate the…
We use a small number of cookies to keep the site working and to embed our Calendly booking widget. Nothing else tracks you.