Individual trustees VS corporate trustees

CriteriaIndividual trusteesCorporate trustees Asset protectionIndividual trustees will be jointly and severally liable for any actions taken against the SMSF, i.e. the trustees’ personal assets may be exposed.Companies have limited liability, and as such the liability...

Treatment of capital gains and losses for an unsegregated fund

This is one of the more common questions we get asked and seemed like a good topic for our blog. We present you with simple diagram that should assist you with understanding the current legislation. Please note that this diagram disregards the impact of any proposed...