Australia's largest stock trading and investment forum Australia's #1 stock forum

If you open the SMSF account as a Corporate Trustee with you as...

First 20 Last

Share
Profile

Follow
JJY168

307 Posts.

78

23/01/18

20:20

Post #: 30511282
Share

Originally posted by roka ↑

I've come to the conclusion I need $400k before starting an SMSF.
I figure you've got to build in the worst case, which heaven forbid would be a divorce, where the wife gets half of our combined Super.
If you say she builds up to $100k, and I have built up to $400k, then that would leave me with a $250k half share, enough to deal with a worst case scenario and not have to close the fund due to a low balance.
I had looked at Esuperfund as an option. Doesn't rely on paying a Financial Planner taking a % per year on top of fund costs, and allows you to invest in shares however you like.
Downside of Esuperfund is that they tend to have one size fits all, self serve model, and you can't do things outside of shares without a bit of pain.
However, I am not looking for Property, Art work etc. so would probably work out OK.
Lets see how I go. Hopefully I reach my $400k target before too long, and stay married ;-)

Expand

If you open the SMSF account as a Corporate Trustee with you as the only member, will your wife still have 50% of your balance in the event of divorce?
Upvote

0 Great analysis

Reply

First 20 Last