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SMSF Association calls for practical approach to non-geared unit trust breaches
Tony Zhang
The SMSF Association has called for changes to non-geared unit trust breaches as the current compliance approach has continually created unn
The SMSF Association has called for changes to non-geared unit trust breaches as the current compliance approach has continually created unn
From an asset protection perspective, most specialist advisers recommend that an SMSF intending to invest in real property (ignoring any bor
With BDBNs a significant part of SMSFs death benefit strategy, practitioners will need to consider changing factors impacting the setup of a
SMSFs with discretionary trusts will need to consider a range of safeguards effects on beneficiaries that can have different risk outcomes w
SMSFs considering an update to their trust deed that was prepared quite some time ago will need to assess a range of new changes to the gove
The ability of the Family Court to attack assets held via a discretionary trust has been in little doubt, at least since the decision in Ken
SMSFs will need to be increasingly cautious of various risks arising from the recent NALI ruling impacting unit trusts and LRBAs, according
In a range of respects, binding death benefit nominations (BDBNs) are often seen as analogous to a key aspect of any holistic estate plan, n
SMSFs have been flagged on different approaches on managing traps from duty triggering when resettling a discretionary trust.
A sole practitioner has been found guilty of professional misconduct and has been reprimanded for mixing trust money into his office account
With the law around BDBNs continuing to develop, SMSFs continue to be exposed to arising pitfalls and dangers that can easily be overlooked,
Two weeks out from the end of the financial year, accountants should be cautious in their approach to trust distribution minutes, says one t
With unit trusts always posing potential risks to SMSFs, parties can consider setting up unitholder agreements to minimise future uncertaint
The ATO has flagged that the new amended accounting standards from AASB will apply from 1 July 2021, which may affect certain SMSFs’ trust
SMSFs that find themselves in blended families situations are seeing increasing legal complexity that can lay waste to the estate plan, requ
An inevitable part of being a professional in the SMSF space is that, occasionally, trustees will seek to venture away from the calm and une
Trustees in bankruptcy will need to be aware of certain complexities arising from the right of indemnity when it comes making a claim to pro
In the advent of the increase from four to six members in SMSFs, disputes are likely to arise in the fund and the complexities in expelling
Earlier today, the Administrative Appeals Tribunal (Tribunal) handed its decision in Coronica and Commissioner of Taxation (Taxation) [2021]
The ATO has updated its guidance on navigating COVID-19 LRBA relief complexities in consideration of Division 7A rules and the processes in
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