by Guy Wuoti | Thu, Feb, 2020 | SMSF Options
The life cycle of a SMSF, in most cases is based on a long-term plan that may include an unexpected event(s) such as illness, incapacity or death of a member. How do we deal with these events when we have illiquid asset such as a property, if a member died for...
by Guy Wuoti | Wed, Nov, 2019 | Tips and traps
SMSF trustee’s need to take special care when paying death benefits as you are responsible for ensuring that the payment rules are met. Strict rules apply, affecting who can receive a death benefit, the form in which the death benefit can be paid and the timing...
by Guy Wuoti | Fri, Oct, 2019 | Investments, SMSF Setup, Tips and traps, Trustee
You may be aware that the Australian Tax Office (ATO) has issued letters to nearly 18,000 SMSF trustees as part of a campaign to ensure trustees are aware of their investment obligations. Of key concern within the ATO’s letter is ensuring that trustees have...
by Guy Wuoti | Fri, Sep, 2019 | SMSF Options
Setting up a Self Managed Superannuation Fund(SMSF) can be complicated. Not getting it right can materially affect your financial situation and retirement plans. The first question you need to be sure about is whether an Self Managed Fund is the right fit? Seeking...
by Guy Wuoti | Tue, Aug, 2019 | Investments, Adviser, SMSF News, SMSF Options, SMSF Setup, Tips and traps
Is your SMSF portfolio adequately diversified? The benefits of a well diversified portfolio are numerous, however one of the key benefits that SMSF trustees should focus on is the of mitigation of volatility and short-term downside investment risks, preserving...