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SMSF Bank Account name

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Barry View Drop Down
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Joined: 06/December/2006
Location: Australia
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  Quote Barry Quote  Post ReplyReply Direct Link To This Post Topic: SMSF Bank Account name
    Posted: 10/November/2011 at 09:03
Must SMSF bank accounts (and other SMSF bank investments such as term deposits) be in the name of the trustees eg "John Andrew and Mary Jane Smith ATF Smith Superannuation Fund" or can they be in the name of the SMSF only eg "Smith Superannuation Fund" or are both methods acceptable?

Edited by Barry - 10/November/2011 at 17:33

rambler1 View Drop Down
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Joined: 01/May/2006
Location: Australia
Posts: 1867
  Quote rambler1 Quote  Post ReplyReply Direct Link To This Post Posted: 10/November/2011 at 14:01
must be in the name of the trustees   i.e joe bloggs as trustee for the Bloggs fund.
Luke 11 46: Woe unto you also, ye lawyers! For you load men with burdens that are difficult to carry, and you yourselves won't even lift one finger to help carry those burdens.

tonypelicon View Drop Down
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  Quote tonypelicon Quote  Post ReplyReply Direct Link To This Post Posted: 16/November/2011 at 10:05
Congratulations for this great website

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