SMSF members are pretty good at planning for the two great certainties in life – death and taxes. But managing the impact of a marriage or relationship breakdown on a self-managed superannuation fund is generally not done so well.

That could be because about half of SMSF members are over 60 and divorce is less common at older ages. But that doesn’t change the fact that when it does happen, there are some important steps in dividing up what will inevitably be one of the couple’s big assets – their SMSF.