corporate trustee, page-8

  1. 165 Posts.
    Hi Lindso - been awhile

    off the cuff, s 17 of the sis act requires payment to be made soon after the passing of the member

    the super rules require 2 individuals or if only one individual, then a corp t'ee must be in place (not sure if legislated but generally a grace period of 6 months)

    executor's role is to deal with wishes of the member per the deed or binding nomination - entitlements of super generally have nothing to do with the estate per se (can often be detrimental)

    accordingly it would NOT be possible to carry on indefinitely without breaching superannuation rules

    cheers

    mk
 
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.