by Solomon Forman | Dec 17, 2019 | SMSF
Background The term related party of a super fund is relevant to two significant investment standards in the SIS Act which apply to all super funds. These are: * the prohibition of acquisition of assets from a related party (section 66), and * the 5% market...
by Solomon Forman | Dec 17, 2019 | SMSF
Background SMSFs continue to be a popular option for those who wish to gain more control over their super. However, clients often do not consider practical issues, such as what would happen if they are unable to continue as a fund trustee. Section 17A of the SIS Act...
by Solomon Forman | Dec 17, 2019 | SMSF
Background To be eligible for concessional tax treatment, a superannuation fund needs to meet the definition of ‘Australian superannuation fund’ (ASF), along with other conditions. Under s.295-95(2) of the ITAA97 a super fund is considered to be an ASF if all three of...
by Solomon Forman | Dec 10, 2019 | Presentations for Clients, Special Disability Trust
The following is a video on how Special Disability Trusts help ageing parents to qualify for an Age Pension, without affecting their dependent child’s Centrelink entitlement.
by Solomon Forman | Dec 10, 2019 | Presentations for Clients, Special Disability Trust
The following video explains how to establish and run a Special Disability Trust for the benefit of a disabled individual.
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