You can choose one of the following SMSF Trustee structures for your fund: Individual SMSF trustee Corporate SMSF trustee (essentially, a company acts as trustee for the fund). Your choice of trustee will make a difference to the way you administer your fund and the types of benefits it can pay, so you need to make sure it suits your circumstances. We recommend you discuss your trustee options with an SMSF professional. If your fund has individual trustees, it is an SMSF if all of the following apply: it has four or fewer members each member is a trustee each trustee is a member (except for … Continue reading
