Substituting your SMSF when off-the-plan is off-the-rails

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Bob and Susan can’t afford to complete their off-the-plan purchase unless they use their super. Bob and Susan signed a contract and placed a deposit in their personal capacity some

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Is it possible to admit your child as a member to your SMSF?

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Bob and Barbara have recently established an SMSF with a corporate trustee and want their 17-year-old son, Ben, to join their SMSF.  Can Ben join? We often get asked by

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Loans under Division 7A and the ATO’s Safe Harbour guidelines

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A limited recourse loan by a member’s family trust to their SMSF might be a Division 7A loan.  Can the loan comply with all the rules if it is in

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The pitfalls of a homemade Will

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While homemade Wills and Do It Yourself Will kits may appear to be an ‘easier’, ‘timely’ and ‘cheaper’ alternative than instructing a lawyer to draft your Will the recent Victorian

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Can you really disentitle a person from your Will?

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Does violence towards the deceased end the relative’s chances of a successful claim against the Will? It doesn’t matter what sort of ‘family’ unit you have – nuclear, blended or

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SMSF member limit to increase from four to six

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One of the key changes from this year’s budget is the Government’s proposal to increase the maximum permitted number of members in a self-managed superannuation fund (SMSF) from four to

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Which country, which will?

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The Victorian case of Re Tang [2017] looked at a raft of issues that arose when the deceased had assets in both Australia and China. The deceased was an Australian

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Borrowing by SMSFs is under attack

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Changes to APRA standards have moved the goal posts for SMSFs borrowing to buy real estate. The problem is we’re late in the second half. Acquiring property through a SMSF

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Appointing a reversionary beneficiary

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We often get asked by clients, can a reversionary beneficiary be nominated after a pension has commenced? However, before nominating a reversionary beneficiary it is important to examine who can

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Can an SMSF invest in bitcoins?

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Following on from last month’s article on whether bitcoin was property, we now turn to whether a self-managed super fund can invest in bitcoin. Since their creation in 2009, there has been

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