Having a challenge in maximising the balance in your clients SMSF? Handicapped by the reduced contribution caps, consider a loan of your client non smsf assets into the SMSF. Is a LRBA structure suitable for your clients?
To establish a LRBA for your clients SMSF, an Accountant is required to make a recommendation that it is in the clients best interest, supported by a Statement of Advice. SMSF Works has released an “is a LRBA right for your clients SMSF analytic tool”. The analytic tool takes into account your clients personal circumstances in assessing and reaching a conclusion. SMSF Works then produce the SOA and establishment documents for you to present to your client.
To request access to the tool register at www.smsfworks.com.au