Tag Archives: self-managed superannuation fund

How much is enough?

We are often asked the question ‘how much should I leave for my children’, especially when children are not being treated equally or a child is estranged. Unfortunately, there is no magic answer. If the child is an eligible applicant under the applicable State or Territory legislation for estate claims, the individual should try and make adequate and proper provision for that child even if they do this reluctantly.

 

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Tripping over changes of trustees

Changing the trustees of a self-managed superannuation fund (SMSF) is not necessarily a straightforward task, as evidenced by a recent Queensland Supreme Court case.

Perry v Nicholson is a case concerning the removal and appointment of trustees and a binding death benefit nomination.

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