SMSF
Should we Setup a SMSF
There are a number of factors to consider in setting up a SMSF,
- What is your current balance
- Do you have existing Life Insurance in your Super Fund
- How Competent are you in making investment decisions
- What investments do you want to make
- Share
- Property
- Crypto Currency
- Cash
- Business Premises
Should I Seek advice? it is recommended that you understand your obligations as a Trustee of a SMSF, it is also beneficial to have an understanding of what it costs, and what is involved in setting up a SMSF.
Although it can be beneficial it can also cause problems.
