Question on Superannuation

[John]

Hi! I haven’t tried to set up a superannuation fund that is linked to a private trust nor a private foundation but I don’t think it can be done. Not that I’ve tried, but my understanding is that it would require you to register your trust (make it public) before you connect a superannuation fund and your trust together. At least temporarily – you could let the trust public registration expire – but even then I don’t know if that would be an ongoing problem?

We have both a private foundation and a private trust, and a SMSF, but none are connected.

[mim]

Thank you so much, the information is very helpful. 😊

[SE.Founder]

Hi

SMSF is a public realm entity and cannot be mixed with a private realm enity such as a Non Reg Trust. There are ways to “manouvre” the funds so at least some can escape into the private realm. Details can be shared on a Trust appointment. Cheers Mark

[mim]

Thank you