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  1. Paul@PFI

    Trusts and Death

    A TT can also be a discretionary trust !! Its basically a will that says on death some / all of my assets will be held on trust for beneficiaries until.....(they die, they turn a specific age etc). It can restrict so they cant use capital or limit what it can be spent on. The proposed deed is...
  2. Paul@PFI

    Trusts and Death

    s17A SISA permits a SMSF to have a LPR stand in place for a member following death. SISA through convoluted process involving non-compliance basically says if s17A is not complied with then APRA becomes trustee. (SAF) The view many have is "after" six months but this is the final date - APRA...
  3. Paul@PFI

    Trusts and Death

    Important: - Is there a will that address the above? You dont want a tough question about trusts to be in hands of NSW Govt Public Trustee. They likely to appoint themselves as appointor !! Their past experience is to take huge fees and sell EVERYTHING and vest it to the dec'd estate. Then a...
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