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Succession plans must be consistent across SMSFs, family trusts

Mirroring succession arrangements between a client’s SMSF and their estate and trust assets is key to avoiding legal disputes following the passing of the SMSF member, according to a leading SMSF strategist.

Succession plans must be consistent across SMSFs, family trusts
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  • Shared by SMSF Adviser
  • February 12, 2020
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In a recent episode of the Tax Talks podcast, I Love SMSF director Grant Abbott said it was important when looking at estate planning for SMSF clients to develop a clear line of succession, and structure their self-managed fund, estate and any additional family trusts to reflect this.

Read more at SMSF Adviser

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