Reading a few posts like this got me pondering about an issue that may be beneficial for some people to think about. If only at the least to make an interesting discussion point.
For those people with 2 or more members in a SMSF that own property have you thought about the implications upon death of one or more of the members?
Example: There are 2-4 members in a fund and say 85% of the the fund value is a property(ies). One of the members die and the fund is required to pay a death benefit...where does the fund get the money from? How can you avoid being forced to sell the property (which would be particularly bad if it was a property a family business was being operated from and/or one that was to be passed down through generations)?
There are solutions but i am curious if anyone has thought of them??
