Thanks Jason, good spotting.
However, I think the answer is on the previous page:
"A legal personal representative can be a trustee for a : deceased member, up until the time the death benefits commence to be payable from the fund". As opposed to changing the structure of the fund.
I think what al this means is individual trustees is probably a simpler way to go, but once anything gets complicated, having a corporate trustee (from the start) may be the better way.
PS: I understand that one of the major banks was initially insisting that any smsf borrowing (via instalment warrant) had to have a corporate trustee)
PSS: For disclosure, I have individual trustees as I wasn't planning on buying a property, dying in the short term and didn't want to put my Accountants kids through school.
Cheers
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Thanks Jason, good spotting.However, I think the answer is on...
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