I assume most on here have chosen to set up their SMSF as an Individual Trustee’s over a Corporate Trustee?
I could do either having a registered company, but the ongoing Admin costs for corporate don't seem to be worthwhile. Unless I created a new company specific for SMSF in which the annual ASIC fee would only be $45.
Considering I will be the only member, Individual seems the right way to go as I'll just nominate a family member as my 2nd trustee even though they won't use it.
