Even when you’re setting up your SMSF you need to consider what happens when the SMSF ends, or ‘winds up’.
Consider including specific wind-up requirements in your fund’s trust deed. This would cover the events that could lead to the fund winding up and how members’ super will be paid out or rolled over in those circumstances.
Duration 2:13. A transcript of SMSF planning for the unexpected is also available.
You also need to consider what will happen to your fund if a member dies, including the payment of death benefits.
Duration 3:01. A transcript of What happens when a member dies is also available.
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