- Presentations, Technical Resource
- Setup and management
Technical Summit 2022
One of the advantages of SMSFs is that they provide the flexibility to invest in a range of alternative structures and assets and allow transactions with related parties. However, what was once an appropriate investment may no longer be suitable and needs to be unwound and this deep dive will focus on what proactive strategies can be put in place to assist.
The deep dive will also look at what reactive strategies are available to SMSF clients who once had a perfectly compliant structure but are now forced to unwind everything to remain compliant. A variety of case studies will be used to address common ‘headaches’ faced by SMSF trustees when dealing with limited recourse borrowing arrangements, dealing with non-compliant geared unit trusts, using insurance to manage liquidity issues, allocating reserves and winding up an SMSF plus more.
The contents of this resource are taken to be correct at the time of publication.
Disclaimer: Technical Papers contain factual information only and are prepared without considering particular objectives, financial circumstances and needs. The information provided is not a substitute for legal, tax and financial product advice. The information contained in this document does not constitute advice given by the SMSF Association to you. If you rely on this information yourself or to provide advice to other persons, then you do so at your own risk. The SMSF Association is not licensed to provide financial product advice, legal advice or taxation advice. We recommend that you seek appropriate professional advice before relying upon the information in this technical paper. 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 paper is not considered financial advice for the purposes of the Corporations Act 2001. © SMSF Association