The Superannuation Support SMSF Trust Deed
The SMSF Trust Deed provided by Superannuation Support is amongst the most up to date, flexible and practical Superannuation Trust Deeds on the Market.
Our deed is drafted by the team at Moores Legal, headed by Allan Swan, one of the industry’s most respected succession planning lawyers and speakers.
With a distinctive outlook towards succession planning, the Superannuation Support Trust Deed meets all the key deed criteria including:
- The power for the trustees to admit anyone permitted by law to membership. The members have the flexibility to appoint individual or corporate trustees.
- The power to appoint an approved trustee if required.
- The ability for trustees to accept all contributions permitted by law, including contributions in kind, contributions splitting, transfers and rollovers.
- The power for trustees to pay all the kinds of benefits permitted by law, including lump sums and pensions. The trustee has the power to document the terms and conditions of any pension not expressly covered in the deed.
- The power for trustees to commute pensions in all the circumstances permitted by law and to roll-over a pension internally into an accumulation account or to purchase a new pension.
- Empowering the members to make binding (BDBN) and non-binding death benefit nominations and allows a BDBN to be tailored to a member’s specific needs.
- The power to create all reserving accounts permitted by law.
- facilitates the paying of all compliant pensions (including transition into retirement pensions) as well as allowing the payment of already established pensions that are no longer available (such as Complying pensions). The Deed also provides for Superannuation Splitting and Binding Death Benefit Nominations.
Having only just been drafted, and written in the context of the current changes to the Superannuation industry, our deed provides for all of the recent changes to Superannuation practice and legislation announced by the federal government in the May 2006 budget and September 2006 decision announcement making ours the most up to date Trust Deed on the market
For information on recent announcements by the government concerning Superannuation, click here
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