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Wealth Simplicity I Rob Gilmour

Wealth Simplicity I Rob Gilmour

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SMSF Trustee

SMSF trustee resources

The ATO has prepared a series of short animated videos covering key responsibilities and considerations for SMSF trustees to help them manage their fund and meet their obligations.

setting up an SMSF

  • What’s involved with an SMSF
  • Why do I want an SMSF
  • SMSF – you can’t do it all yourself
  • Setting up your SMSF
  • SMSF trustees – individual or corporate
  • Trustee declaration
  • Planning for the unexpected
https://youtu.be/mrgiahhTnoU

investment

  • Separation of assets
  • Loans and early access
  • Related party transactions
  • Arm’s length
  • Borrowing and limited recourse borrowing arrangements
  • Business real property

contributions and withdrawals

  • Planning for retirement
  • Retirement and conditions of release
  • What happens when a member dies

administration

  • Annual obligations
  • The annual audit
  • Investment strategy
  • Record keeping in your SMSF
  • What happens if your fund breaches the law
  • When should I wind up my SMSF

Wealth Simplicity Pty Ltd as trustee for the MORE Wealth Trust (ABN 28 939 572 082) and

Rob Gilmour are Authorised Representatives of Wealth Simplicity Group Pty Ltd Australian Financial Services Licence (AFSL) 513615.


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