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An SMSF is a very important financial planning decision. The fewer mistakes you make the better. This eBook is written for anyone considering setting up an SMSF or considering if their existing SMSF is right for them. By carefully looking at the process and possible pitfalls associated with going down the SMSF route, you will be placed to decide whether this is the right approach for you, or you should be considering a standard non-SMSF.

By the end of this eBook you will understand:

  • Setting out your objectives
  • What 'Self Managed' means?
  • What does your personality and temperament have to do with running an SMSF?
  • Deciding to gear or not to gear?
  • Doing your homework in direct vs managed assets
  • Have you thought about costs properly?
  • The ideal amount to start an SMSF
  • Property traps to be wary of
  • The importance of getting the paperwork right

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