SMSF Estate Planning - BDBN v SMSF Will plus Bonuses

In this webinar with Grant Abbott, Australia's leading SMSF expert and author, Grant will take a deep dive into the intricacies of Self-Managed Superannuation Fund (SMSF) estate planning. He will look at the revamped LightYear Docs Binding Death Benefits Direction and Nomination (BDBN), discussing its laws, strategies, and potential pitfalls. Grant will also shed light on why BDBNs often do not work, and how advisers can instead build a super sophisticated SMSF estate plan for their clients​ using testamentary trusts​. 

Importantly we will tackle the comparison between an SMSF Will and a BDBN, explaining how the former can overcome the limitations of the latter. Grant will also touch upon reversionary pensions and the SMSF death benefits trust, a testamentary trust built by the trustee of the SMSF. This trust bypasses the deceased's legal estate and ensures that children are taxed at adult tax rates, offering a more favourable outcome for…