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Jun 08, 2022

In Specie Transfer from Family Trust to SMSF

in SMSF Technical Forum

Hi, I have a client who has asked if they can transfer listed shares in specie from a family trust in to the SMSF and allocate it as a NCC to the SMSF member who is also a beneficiary of the family trust.

I suggested it may be more justifiable if the member had an unpaid entitlement or loan in the family trust so clearly it is money they are entitled to but what are peoples thoughts?

3 answers0 replies

Comments (3)

THE AUDITORS INSTITUTE

Jun 10, 2022

Hi CV

I will look into this further and come back to you with further details.

Thanks

SMSF AAA