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Types of Self Managed Superannuation Funds

Multiple Member SMSF

  • The SMSF must have no more than 4 Members
  • No Member can be an employee of another Member – unless the two Members are related
  • By law, no Trustee can receive payment from the fund for their services as Trustee
  • If an Individual Trustee structure is selected, all Members must also be Trustees, unless they are ineligible to be.
  • If the Trustee is a Company (Corporate Trustee), all Members must also be Directors of the Trustee Company

Sole Member SMSF

  • If the Trustees are individuals, there must be 2 Trustees.
    • The Member must be a Trustee along with another individual as the second Trustee
    • The second Trustee cannot be the employer of the Member, unless they are related to that Member.
  • If the Trustee is a Company
    • The Member must be a Director of the Trustee Company, unless they are ineligible to be.
    • The company can have a maximum of 2 Directors – being the Member and another individual

The second Director cannot be the employer of the Member.

Bare Trust Set Up
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SMSF Change of Trustee
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SMSF Lost Deed Replacement
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SMSF Deed Amendment/ Update
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SMSF Trust Deed Set Up
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Patricia Holdings provides an extensive range of SMSF products to suit all your requirements. All Superannation Trust Deeds are prepared by a Solicitor who specialises in this area and you can have the State of Jurisdiction of your choice.

Following is a list of SMSF products which we can provide for you:

  • SMSF Trust Deed
    (INCL GST)

    A self managed super fund (SMSF) is established for the sole purpose of providing benefits to the members of the fund in retirement.. All superannuation funds come with a suggested investment strategy and a Product Disclosure Statement.

  • SMSF Trustee Company
    (INCL ASIC FEE $495 & GST)

    This type of proprietary company is registered through ASIC as a company whose sole purpose is to act as the Trustee of a Superannuation Fund (SMSF) and is not permitted to trade in any form. A reduced rate on the Annual Fee payable to ASIC is applicable to this type of company.

  • SMSF Deed Amendment/ Update
    (INCL GST)

    If your deed is old and hasnt been updated in a number of years, or if there have been significant changes to legislation since your last amendment, Amending your deed is worth considering. A Patricia Holdings amendment ensures your document is up to date and compliant. 

  • SMSF Lost Deed Replacement
    (INCL GST)

    We can provide a replacement SMSF Deed if you have lost your original deed. A replacement deed ensures the trustee of the SMSF is able to effectively govern the fund.

  • SMSF Change of Trustee
    (INCL GST)

    if you want to change the Trustee of an SMSF we can provide you with everything you need to complete the change including a Deed of Resignation and Appointment and Corporate Trustee minutes if applicable.