SMSF Succession Planning Day - Wed 20 November 2019

The SMSF Succession Planning Day provides a face-to-face practical, step-by-step guide on how to ensure that a member’s SMSF benefits are appropriately dealt with upon their incapacity or death.

It is designed for financial planners, accountants, auditors, SMSF administrators and lawyers who want a comprehensive guide to SMSFs and succession planning.

In particular, attendees will gain a detailed understanding of:

1. the practical steps that should be taken to ensure appropriate succession planning
2. the relevant taxation issues and the hot strategies
3. the key planning tips and traps

Topics

The topics will be presented as a step-by-step guide, with practical case studies to illustrate their real-life application.

The topics aim to foster the following skills in attendees:

• How to prepare binding death benefit nominations (and for non-lawyers: how far you can assist without ‘engaging in legal practice’)
• What you should check that your client’s lawyer has inserted into your client’s will regarding superannuation (or, for lawyers: what you should insert into your client’s will)
• How to ensure that the correct people control an SMSF upon loss of capacity and upon death
• Reversionary pension nominations: when they are needed and how to implement them
• What documentation is needed to quickly withdraw benefits
• Managing conflicts, particularly regarding second spouses, trustees and executors/legal personal representatives
• How to build an SMSF-appropriate enduring power of attorney
• And much more!

Registration: 9:15 – 9:30am
Seminar: 9:30am – 4:30pm (including 15 mins for morning tea, 45 mins for lunch and 15 mins for afternoon tea)

Morning tea, afternoon and a light lunch provided

Presenter