Gold Coast: The SMSF death benefit payment process – is it as easy as it sounds?

OVERVIEW

Trustees of SMSFs have complete discretion in deciding to whom a death benefit can be paid.

Or do they?

Recent cases have in many ways eroded this in a number of ways.

This session will take a hands on approach help you build a SMSF death benefit payment process that will withstand challenge, both at the planning and payment stages.

LEARNING OUTCOMES

• Identify current issues in SMSF death benefit payments
• Identify steps to take to ensure the SMSF death benefit payment process cannot be challenged both at the planning and payment stages.

Details

Date:
28 Nov 2019
4:00 pm AEST - 6:00 pm AEST
Knowledge Area:
Benefit Payments, Taxation
CPD Hours:
1.5
Venue:
Marzol Holloway
Suite 4/29 Commerce Drive
Robina, QLD 4226

Speakers:

Scott Hay-Bartlem SSA

Scott is a partner in Brisbane law firm Cooper Grace Ward.

He and his team specialise in assisting clients and their other advisers including lawyers with tax and superannuation advice; estate planning, administration and disputes; business structuring; business succession arrangements; asset protection and restructuring. Scott has a particular interest in how these areas intersect with self-managed superannuation funds and the impact of and on these structures.

He is a SMSF Specialist Advisor™, a Chartered Tax Adviser, a member of the Society of Trust and Estate practitioners, and an Accredited Adviser with Family Business Australia.

Scott been selected by his peers for inclusion in the Ninth Edition of Best Lawyers in Australia in the practice areas of: Superannuation Law, Trusts and Estates and Wealth Management / Succession Planning Practice."

He has a Bachelor of Laws (Hons) and a Bachelor of Business (Accy) from the Queensland University of Technology. Scott also has also completed the Certificate of Superannuation Management and the Diploma of Superannuation Management run through ASFA and Macquarie University, and the Foundation Diploma of Financial Planning.