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Is your SMSF compliant? Recent ATO penalties….

New SMSF penalties apply from July 1, 2014 and the ATO now has greater powers in dealing with SMSF trustees who breach super law, including: • Administrative penalties • Education directions • Rectification directions They will also apply to contraventions that were made prior to 1 July 2014 and continue after that date. eg: if [...]

By | September 5th, 2014|Categories: Blog, SMSF|Tags: , , |

5 Essential Estate Planning Documents

Many people delay sorting out their estate because they don’t think they have enough assets to warrant an estate plan. Most people are wrong about that. Here are five documents you will need as part of your plan. 1. Will The will is an important legal document that details your wishes regarding the distribution of [...]