The Alan Skerritt Consultancy provides an integrated range of services for
Self Managed Superannuation Funds.
For details of our other services - follow this link:
We are an independent family owned business that has specialised in Self Managed Superannuation (SMSF) for more than 30 years.
$660 (incl GST)
It is important that your SMSF maintains an up-to-date Trust Deed which includes the current legislative requirements.
We can arrange for a replacement Trust Deed to be prepared, which will include details of:
The most Common changes that should be reflected in Deeds are:
The Alan Skerritt Consultancy
Windsor Holdings Pty Ltd (ACN 010 018 041 ABN 12 862 040 559)
(Incorporated in Queensland) Trustee
Why should you replace your
SMSF Trust Deed?
Superannuation is an area where the law is constantly being updated. If your existing Trust Deed conflicts with any changes, this may create a breach for your fund.
For example, if you haven't changed your Deed for a few years, it may require you to start paying out a pension at age 65. This may be contrary to your wishes.
In 2007 the types of pensions payable from a SMSF changed. For example the minimum only "Account Based Pension" only came into existence in 2007.
Or, you may assume you can pay a pension after age 55, under a Transition to Retirement Pension. However, this won't be allowed if your current Deed prescribes what pensions are payable and does not include these types of pensions.
Many Trustees are interested in borrowing money to purchase property to hold in the fund. Step one of this process is to ensure your fund's Trust Deed contains the correct clause to permit such an investment.
These are just a few examples of why you should periodically update your fund's Deed.