The Superannuation Laws require the Trustee to use a Holding Trust to hold the legal title of any single acquirable asset, under a limited recourse borrowing arrangement. Banks require a company to act as a Trustee of the Holding Trust.
This pack establishes the HT and LRBA arrangement for an SMSF acquiring property through bank lending. Please ensure the Trustee Company ATF the Holding Trust is established first. This can be located under the Companies category.
We have access to a large panel of bank lenders and SMSF brokers with a proven history in SMSF borrowing and LRBA establishments. If you would like a referral, please contact our partner brand I Love Accounting – email@example.com
We strongly suggest appropriate advice documents are put in place, including an ASIC compliant Statement of Advice. I Love Accounting can also assist with this process and the construction of tailored advice documents.
► $229.00 (inc GST) – OR provided under your unlimited membership
► The master document has been signed off by Abbott & Mourly and is congruent with Australian law.