Webinar – SMSF estate planning considerations

SMSF trustees have a minimum annual requirement to review the fund’s investment strategy and whilst no such regulatory requirement exists for reviewing the fund’s succession plan, it is just as critical. Having an appreciation for what the SMSF trustee structure might look like when a member passes away is just as important and having clear and concise instructions from the members as to how they want their benefits to be paid.

In this webinar, Tim Miller from Smarter SMSF will highlight the key considerations when it comes to estate planning within an SMSF. The session will consider the trustee requirements with regards to the death of both individual trustees and directors of corporate trustees as well as the member considerations covering who can receive a death benefit, the tax implications for the recipient and ensuring death benefit nominations are appropriately documente

Learning Outcomes

At the end of this webinar, participants will have an appreciation for:

·Who controls the fund when a member dies

·What various nomination options available for an SMSF member

·Member benefits v death benefits in an SMS

·Are beneficiaries superannuation and taxation dependents

Presenter: Tim Miller

Cost: Free

Date: Tuesday 23rd July

Time: 12:30 pm – 1:30pm AEDT

Register Now

Tim Miller

Tim Miller is the SMSF Technical and Education Manager at Smarter SMSF and is one of Australia’s leading SMSF educators and presenters with over 25 years’ experience in the Superannuation industry. His experience has been gained through providing legislative and compliance support to thousands of Trustees, Accountants and Financial Planners since joining the SMSF sector in 1999. In addition to servicing the needs of SMSF clients, his practical and personable approach to compliance has made him a much sought after presenter.

Tim regularly presents at the major SMSF conferences and events, contributes to various trade and general publications, he is a Fellow SMSF Association Specialist and was awarded the CEO Award at the 2023 SMSF Association National Conference for services to the SMSF sector.