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Colin Lewis

What happens to my SMSF when I die?

Without careful planning, control of an SMSF could be lost resulting in your money being paid to the wrong people.

People generally don’t think twice about setting up a self-managed super fund but give little thought to what happens when a member dies or loses legal capacity?

Without careful planning, control of an SMSF could be lost – resulting in entitlements being paid to the wrong people.

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Colin Lewis is head of strategic advice at Fitzpatricks Advice Partners.

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    Original URL: https://www.afr.com/wealth/personal-finance/what-happens-to-my-smsf-when-i-die-20221011-p5boz7