BLB News

Judges Explain How to Make a Widow Merry

02/09/2019

What can a widow expect from her husband's estate? The NSW Court of Appeal recently gave us their guidelines and Jim Townsend has been making notes.

Is it possible to admit your child as a member to your SMSF?

02/09/2019

Bob and Barbara have recently established an SMSF with a corporate trustee and want their 17-year-old son, Ben, to join their SMSF. Can Ben join? Elizabeth Wang considers.

When is a residential property a business real property in relation to SMSF?

02/09/2019

Whether or not a property is business real property is a common question faced by members who own a property personally and want to transfer it to their SMSF. While the term 'business real property' seems to suggest that a property has to be a commercial property (or other non-residential property) to qualify as such, this isn't always the case. Jeff Song explains.

Life's too serious

02/09/2019

Parrot joke ... no, seriously

'Ding-Dong the Witch Is Dead': Development of property in an SMSF with an LRBA after the 2019 Federal Election

31/07/2019

In our June newsletter, we considered potential superannuation compliance issues of using an SMSF to develop a property without any limited recourse borrowing arrangement ('LRBA') in place. Now that the threat to limited recourse borrowing posed by the Labor opposition has passed Jeff Song looks at what SMSFs can now do in property development using an LRBA.