Changing SMSF trustee needs to be done properly to avoid compliance risks and future unnecessary costs.
Change of SMSF trustee
You can change your SMSF trustee from individuals to corporate trustee or vice versa. Our services including:
SMSF trustees have to follow the steps as below to correctly change the trustees to avoid compliance issues:
SMSF trustees need to be aware that failure to change the trustee name with all share/investment registries/banks in a reasonable period of time will breach the SISA. Therefore, we suggest SMSF trustees to seek professional help in regards the trustee change.