#10273
Awan Hammad
Participant

    Hi Maria

     

    Yes, the property should be in the names of all the trustees as trustee for the SMSF.

    This may be able to be easily rectified by removing the son as an individual trustee given that he has a $0 member balance.

    Your example shows that preferably with property and a SMSF the trustee should be a corporate trustee rather than individuals.

     

    Thanks

    SMSF AAA

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