adding adult family as trustees, page-2

  1. 17,117 Posts.
    why are you considering adding your children as trustees, what is your reasoning behind this ?
    it should be sufficient for them to become members of your fund, and their employer super can be directed into the family SMSF
    what benefits are you expecting by adding them as trustees, that you would not have otherwise
    your children are barely considered to be old enough to take on the responsibilities of a trustee...
    they are not able to become trustees until the age of 18
    my thoughts are to keep it simple, and not add the children as trustees...
    remember.... KISS
 
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