corporate trustee, page-6

best

- surviving t'ee of an smsf can elect that the pension (account based) is reversionary even after death (subject to the terms of the trust deed - ie usually t'ee discretion

- if individual t'ees, then upon the passing of the primary beneficiary then all assets will need to be changed to the name of the new (at least dual individual) trustees or new corp sole director t'ees - this would possibly explain the problems your friend has encountered - cost is usually determined by how long it takes to sort it

individual to corp or vice versa - if all assets are chess sponsored, then the cost shouldn't be too bad at all

regards

MK