Enduring Powers of Attorney – Coming to an SMSF near you – Are you ready?

  • Presentations, Technical Resource
  • Death benefits

National Conference 2024

One day, or over time, your client may lose their capacity. Knowing what that means for you, them and the SMSF is crucial to dealing with it competently, ethically and legally. In this session, in the context of SMSF’s, Brian will address the role, powers and responsibilities of the EPOA. It will be peppered with war stories to highlight the increasing significance of this ‘decision maker’ and the importance of not getting it wrong.
 

Following this session you will be able to:

  • Gain a comprehensive understanding of the role, powers, and responsibilities of the Enduring Power of Attorney (EPOA) within the context of SMSFs.
  • Acquire the knowledge to navigate the ethical and legal complexities associated with loss of client capacity, thereby safeguarding both client interests and professional integrity.
  • Learn from real-world examples and “war stories,” highlighting the consequences and challenges of poor decision-making in handling EPOA responsibilities in SMSFs.

The contents of this resource are taken to be correct at the time of publication.

Disclaimer: Technical Papers contain general advice only and are prepared without taking into account particular objectives, financial circumstances and needs. The information provided is not a substitute for legal, tax and financial product advice. Before making any decision based on this information, you should assess its relevance to the individual circumstances of your client. While the SMSF Association believes that the information provided is accurate, no warranty is given as to its accuracy and persons who rely on this information do so at their own risk. The information provided in this bulletin is not considered financial product advice for the purposes of the Corporations Act 2001. © SMSF Association