SMSF Deed & Update Services
SUPERCentral SMSF Deed & Update Services
Our unique update process reduces compliance risk, with all your SMSFs on the one set of SUPERCentral Governing Rules your firm also gains administration time and opportunity cost savings. You can also update all your SMSF’s to the SUPERCentral system through a simple update process that attracts significant cost savings.
Change of Holding Trustee
Townsends Business and Corporate Lawyers offers a start-to-finish service in assisting you with effecting a change of holding trustee(s). We prepare necessary documents to validly add, remove or replace trustee(s) of a holding trust, including all the necessary documents to give you the peace of mind of knowing that the change in trustee was validly effected and recorded. Following the change of holding trustee, we are able to further assist with our implementation service by preparing a documents package to assist with the transfer of the asset in the holding trust from the retiring holding trustee(s) to the new holding trustee(s).
SMSF Conversion + Change of Trustee + Company Establishment (CCC)
To convert an individual SMSF deed to a corporate structure including company establishment, change of trustee and premium or standard conversion deed in one easy online form, and also receive a substantial 5o% bundled service rebate.
Change of SMSF Trustee
Changing the Trustee of an SMSF is not as simple as it might appear. There are a number of issues to consider and a number of documents needed to properly affect and record the change. SC Member $192.50 Non SC Member $385.00
SMSF Gearing Unwinding
This document package assists with the concessional transfer of the asset in a SMSF Gearing transaction back into the super fund upon repayment of the loan. Additional implementation service is also available (NSW only) to streamline the process.
SMSF Property Transfers
Change of Trustee of a Unit Trust
It is important that you consider these issues before changing the trustee of the trust. Please note that we are not tax advisers and if you are in doubt as to the tax consequences for the trust of a change in trustee you should check with a taxation specialist.
SUPERCentral Trust Services
We offer a comprehensive range of trust establishment documentation and advice services to suit your client’s specific requirements. We also assist with reviews, amendments and administrative changes.
Change of Name of Trust
This Document pack provides the relevant documents to change the name of a trust, whether a family trust, discretionary trust, unit trust, testamentary trust, or a hybrid trust. It is not suitable for the change of name of a superannuation fund which can be ordered here.
Discretionary Trust Establishment
Still one of the most popular structures for asset protection, tax planning, income smoothing and wealth transfer.
Exclusion of Foreign Persons in a Discretionary Trust
Trusts that hold or intend to hold residential property in New South Wales, Victoria and Queensland may be liable to surcharge land tax and/or surcharge purchaser duty if any of their beneficiaries qualifies as a 'foreign person', regardless of the specified law of the State set out in the trust deed which governs the trust. The surcharge is in addition to any land tax the trust may already be paying.
Unit Trust Establishment
For all the benefits of a trust structure with the certainties of a company, a Unit Trust may be just the thing.
Estate Planning Services
SUPERCentral Estate Planning - A smarter way to drive estate planning services
In the past month we have supported a number of urgent requests for estate plans for clients working in front line positions. In response, our associates Townsends Lawyers have developed a streamlined estate planning process to quickly and effectively establish interim Estate Plans for those with pressing need. For information as to how this specialised process may assist your clients, please call (02) 8296 6266.
Australia is currently in the midst of a huge inter-generational wealth transfer driven by the baby boomer demographic and we believe estate planning is a natural service progression to the creation and wealth preservation strategies that Advisers and Accountants currently provide. Our Testamentary Manual and EPAdvantage Members Program provides you immediate access to everything you need to provide a holistic, cost-effective estate planning service.
Ask.Will takes brief snapshot your client’s personal information and uses the latest legislation and tax laws to provide you with an easy to understand overview of their current situation and things they need to consider for the future, when it comes to their will, and estate planning needs.
Enduring Power of Attorney and Enduring Guardianship
A power of attorney is a document which appoints a person to act on an individual‘s behalf in relation to the appointor’s property and financial affairs. When you appoint an Enduring Guardian you are designating someone to look after your residential and health-care issues if you are not able to.
EPAdvantage™ = Smart Growth
EPAdvantage™ is our new estate planning partner program open to Advisers who are using our Testamentary Manual system. A complimentary, value-added program, it offers registered members professional support, PD training and the resources needed in growing a successful estate planning practice.
Fixed Price Estate Planning Solutions
When you use our online Estate Planning Guide and Testamentary Manual system, you also work in close consultation with our associated law firm Townsend's Lawyers, who bring deep experience in tax law, trust law, super and wills to your client's estate planning requirements.
Estate Planning Guide and Testamentary Manual
Our Estate Planning Guide and Testamentary Manual is an innovative system designed to guide you, through the testamentary process and to maintain close contact with your client, from the initial client briefing through to the final signing of their estate plan.
Refer Your Client
If the development of an estate planning service is currently out of the scope of your business, you may prefer to use our refer client service, where our lawyers liaise directly with your client, anywhere in Australia. In the past month we have supported a number of urgent requests for estate plans for clients working in front line positions. In response, our associates Townsends Lawyers have developed a streamlined estate planning process to quickly and effectively establish a Standard Will or Testamentary interim Estate Plans for those with pressing need.For information as to how this specialised process may assist your clients, please call (02) 8296 6266.
Revocation of Enduring Power of Attorney
A power of attorney is a document by which a person (called 'the principal') appoints another person ('the attorney') to act on the principal's behalf in relation to the principal's property and financial affairs.
Will Review Services
It's not difficult, or necessarily expensive, to change a Will as it can be amended, modified, updated or even completely revoked, at any time. For changes that do not require major strategic amendments a Will can often be varied by a comparatively short supplementary document called a “codicil”.
Will Update Service
The Will update service is for clients wanting to update their estate planning documents to cover changes to minor aspects of their will, such as addresses, assets and bequests. Changes like these often do not involve any additional estate planning advice or changes to the existing estate planning strategies.
Family Provision Claims - Contesting a Will in New South Wales
In Australia, testamentary freedom (being able to give your estate to anyone under your Will) is balanced by laws that allow Courts to use their discretion and ensure that eligible persons are adequately provided for from the proceeds of the estate.
There are a number of ways that a Will can be challanged. Besides challenging the validity of a Will, in NSW, certain persons, categorised as eligible persons under the Succession Act 2006, can make what is called a Family Provision Claim if they have been left without adequate provision from a Deceased estate.
EPAdvantage Professional Development Courses
Our online scenario-based courses are designed in response to the many advisers who have asked us for a practical training course in estate planning, and address the most common estate plans, covering the needs of the majority of clients.
We are pleased to advise that the EPAdvantage™ Real Life Estate Plans Courses are now also accredited by the FPA for FASEA and ASIC areas.
Business Succession Services
Do you know what will happen to the client’s family’s business if the owner dies? Can the family continue to operate it or will the business have to be sold? Are there partners in the business whose wishes or interests must be considered? Is there a buy/sell agreement in place? These are just some of the questions that must be considered before a business owner dies.
Technical Advisory you can trust
Townsends Lawyers provide SUPERCentral members with wide ranging technical support. With a wealth of industry experience, we can assist you to deliver the best strategies. Townsend Lawyers specialise in commercial and business law, corporate advisory, tax, superannuation, and trusts, with deep SMSF, asset structuring, estate planning knowledge. We advise businesses and individuals throughout Australia, on a broad range of legal issues. Get in touch with us via email firstname.lastname@example.org or phone 02 8296 6266. Commercial and technical expertise is complimentary.
Technical Advice Services
With SMSFs entrenched in many clients financial strategies, and the complexities of the law in regards to SMSF, it is critical for advice professionals to have adequate support to provide their clients and prospective clients, with the very best strategies SMSFs have to offer.
Strategic & Remediation Services
Our partner Townsends Lawyers can provide real value if you are looking for advice on a particular SMSF strategy or if you have realised that you have made a mistake and need our advice to consider the alternatives you may have to correcting it.
Accountancy Practice Pre-Negotiation Advice To Buyer
Buying an accountancy practice is not like buying any other business. There is much to consider that is specific to the accounting profession. If you’re looking to buy an accountancy practice you must be prepared.
Buy/sell arrangements set the ground rules between shareholders of a company, partners of a firm or unitholders of a unit trust as to what is to happen if a shareholder, partner or unitholder dies or becomes totally and permanently disabled (‘TPD’).
A Confidentiality Agreement is an agreement that specifies how the individual or business receiving your confidential information may use that information. We provide a range of agreements that can be used in a variety of situations, including discussions between potential buyers and sellers of a business, between businesses wanting to work together, and between an owner of intellectual property and a business wanting to use that IP.
NSW Employment Agreement Pack – for permanent award-free employees it is important for both the employer and the employee that their employment agreement set out all the terms and conditions of the employment relationship. If the employment relationship is not adequately documented it may have adverse consequences for both the employer and employee.
Family Provision Waiver (NSW)
It might come as a surprise to learn that your former spouse or a spouse from whom you have separated can still make a claim on your deceased estate even though you have left your estate to your children or someone else in your Will. We can draft an agreement for your former spouse to (hopefully) agree to and the subsequent court documents to seek the court’s approval of the agreement.
The Lease pack can be used by individuals or companies for the leasing of commercial properties and self managed superannuation funds for the leasing of business real property to a related party. The Lease pack includes a lease and attachment, and includes registration of the lease at the Land Titles Office.
PPSA Loan Pack - Company Borrower with Fixed Interest Rate
The PPSA Loan Package is designed for use when a loan is made to a Company Borrower involving all or any of the following documents: Loan Deed, Security Agreement over the Borrower’s Assets, Guarantee and Indemnity from Director/s or other persons.
Licence Fee Products
Ask.Will™ takes brief snapshot your client’s personal information and uses the latest legislation and tax laws to provide you with an easy to understand overview of their current situation and things they need to consider for the future, when it comes to their will, and estate planning needs. Order a Ask.will™ licence here.