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In-specie contributions to SMSFs.(self managed superannuation funds)

Craig Day

CRAIG DAY warns there are a number of issues trustees need to consider before transferring a business real property as an in-specie contribution to a SMSF.

Clients looking to take advantage of the $1 million super opportunity before June 30, 2007, by transferring a business real property as an in-specie contribution, should proceed with caution.

There are a number of issues trustees should take into consideration prior to transferring such assets to their fund.

The SIS investment rules

The superannuation industry s

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