Trusts: Understanding Appointors and Successor Appointors
Many trusts, including many SMSFs, do not have an Appointor or a Successor Appointor. In times of disagreement between beneficiaries and the trustee this might be a costly omission, particularly if the matter requires litigation to resolve it.
6 member SMSFs – does it make sense for you?
Since July 2021, Self Managed Superannuation Funds (SMSFs) have been permitted to have up to six members. How does this impact you and your family?