Butlers Blog

Every Self Managed Super Fund SMSF) must be established with an SMSF trust deed. Each SMSF trustee is bound by the trust deed and is responsible for following the rules set out in the trust deed.

Testamentary trusts are created by a Will to provide a greater level of control over the distribution of assets to beneficiaries. There are also tax advantages available through testamentary trusts, making them an effective estate planning tool.

As a trustee of a self managed super fund (SMSF) you have certain responsibilities that you must adhere to for your SMSF to remain a complying fund that is eligible to receive favourable tax treatment.

If you are a trustee of a trust, its time to pay attention. The laws have changed again and its time for action.