This means that the members are not only responsible for making all the investment and operational decisions for their fund, but are also ultimately responsible for ensuring their fund is run and maintained in accordance with a range of strict legal and regulatory requirements.
Under trust law it is not possible for an individual to be both the sole trustee and the sole beneficiary of a trust.
An SMSF with only one member must have one of the following trustee structures:
We have been with Rosemount Partners for 25 years. During this time Claude has successfully helped us with our business and set up our self managed superannuation fund. Without him and his dedicated staff, we would not, now retired, be in such a secure financial position. Claude and his staff treat you as family and not a number. They care about your current and future financial needs.They are always available for professional and trusted advice and guidance.
We highly recommend them to all.
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