SMSF Estate Planning
The purpose of the SMSF Estate plan is to ensure the surviving SMSF trustees or the replacement trustees (Legal Personal Representatives) have specific instructions from each member as to their wishes should a death event occur.
Many trustees falsely assume their superannuation benefits will automatically be paid to their estate on death. This is not the case!
With an increasing amount of wealth ending up into SMSF's it's vital each member clearly articulates their SMSF estate plan to the trustees.
Trustees can now create a SMSF WILL inside their SMSF trust deed and governing rules.
If you would like us to understand what the current instructions are for each member, please download our SMSF Estate Plan and Disability Plan.