Solution Brief: Powers of attorney for SMSF members and trustees

by ADLV Law Team | 6 - 287, 6 - 369, 6 - Build and protect your wealth (including trusts), Solution Brief

This Solution Brief discusses what you can do to safeguard your super benefits if you lose capacity as a member and trustee of an SMSF Planning for the unexpected is never pleasant. However, when your hard-earned super benefits are at stake, our view that it’s better...

Solution Brief: Single Member SMSFs

by ADLV Law Team | 6 - 287, 6 - 369, 6 - Build and protect your wealth (including trusts), Solution Brief

This solution brief discusses your options for appointing a trustee for your self-managed super fund, and what happens if you lose mental capacity, die, or leave the country. Single member funds A self-managed super fund can have 1 member, but care needs to be taken...

Solution Brief: Life Insurance and Super

by ADLV Law Team | 6 - 287, 6 - 369, 6 - Build and protect your wealth (including trusts), Solution Brief

Holding your life insurance policy through your super fund is not always as “tax-effective” as you may think.  You need to think past the “deduction” for premiums. The good news Funding life insurance premiums through super can be tax effective because concessional...

Solution Brief: Individual or Company Trustee? (SMSFs)

by ADLV Law Team | 6 - 287, 6 - 369, 6 - Build and protect your wealth (including trusts), Solution Brief

We often get asked whether it is better to have a ‘company trustee’ or ‘individual trustees’ for a self-managed super fund.  This question gets asked both when we are setting up a new super fund, and when we are reviewing an existing super fund. In our view, the short...

Solution Brief: Why you need to update your SMSF Deed

by ADLV Law Team | 6 - 287, 6 - 369, 6 - Build and protect your wealth (including trusts), Solution Brief

The Government just can’t help itself but tinker with super. Our courts then need to interpret what it all really means, so we know exactly what we can and can’t do. Put simply, super never stands still. But it remains worthwhile hanging in there, because you can...

Solution Brief: Super and your estate planning

by ADLV Law Team | 6 - Build and protect your wealth (including trusts), 8 - Pass on your wealth (including EP), Solution Brief

It’s official: super isn’t part of your estate.  A recent Federal Court Decision highlights the risk of failing to consider one of your biggest assets – your super – as part of your estate plan. The recent Federal Court Decision in Stock (as Executor of the Will of...