Benefits of a Corporate Trustee
1. Changing Members
If an SMSF is set up with a corporate trustee structure you can add a member (e.g. a spouse or child) or remove a member (e.g. if a member dies or can no longer act as trustee) with much less hassle than an individual trustee structure. If there is a ch...
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Our focus is on client service and establishing mutually rewarding relationships with our clients. We think that billing by the hour does not ...
Buying your first home can be a confusing process, particularly when it comes to conveyancing.
Taking your first step on to the property ladder can be an exciting time.
But for those who have never been involved in a property purchase, the conveyancing process can often seem hard to understand.
What i...
The Australain Taxation Office (ATO) has warned trustees of SMSFs to be cautious when investing in property.
Acting commissioner Bruce Quigley says he is concerned people are using their SMSF to invest in property without fully understanding their obligations under the law – or that some are seeking to take adva...
We’ve heard this so many times. You ask the question to a trustee or even an accountant or adviser - “what trust deed are you using?”
And the answer is “oh, you know, just a standard SMSF trust deed”.
Standard…… is there any such thing ?
What’s the big deal?
The big deal is that your trust d...
The Government have announced an increase in the SMSF levy from $191 to $259 per annum from 2013-14 onwards. They say that this due to the fact that the current levy is not fully covering the costs of regulating the sector.
While they were at it, they also announced that the collection of the SMSF levy will ...
GMH Legal can help you navigate through the complex compliance and regulatory principles of superannuation. Recent changes in the regulation of superannuation across Australia means that you might be affected.
Whether you are an owner of a business or interested in forming your own Self Managed Super Fund, GMH legal can provide tailored solutions to achieve your personal and financial goals.
Call the experienced team at GMH Legal to assist you in your matter.
A free consultation with GMH Legal is an opportunity to gain deep insights into your legal situation and all of your options.