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SMSF Strategies for July 2017 Changes with Grant Abbott
4 May, 2017 @ 12:30 pm - 2:00 pm
Learn, Apply and Build Powerful SMSF Strategies with Industry Guru – Grant Abbott
The July 2017 changes represent a new paradigm in SMSFs and impact all generations with estate planning upended, BDBNs rendered useless, pension strategies thrown out the door, multifamily SMSFs now crucial planning, conjoined Family Trust/Family SMSFs the norm, reserving strategies the difference the makes the difference and so, so much more, And there is only one person on this earth who has spend the last nine months and mind you, 21 years before that reading, picking apart and strategising all the July 2017 changes and that is Grant Abbott.
If you don’t know Grant Abbott when it comes to SMSFs, well he has written four best selling professional books with his next book on the state of play with SMSFs now – “The Guru’s Guide to SMSFs” out shortly and the core of this seminar series. Grant has consulted to all major wealth management companies, banks, made submissions to the Government on numerous SMSF laws, insitgated the SMSF Professionals Association and SMSF Members Association, written over 100 newsletters, presented to more than 100,000 people on SMSF Strategies and well the list can go on and on.
In this four part webinar series participants will be teken through the following:
1. Overview of the JUly 2017 Changes – There are more than 500 pages of legislation and explanatory memorandum so there is a lot of ground to cover. This first instalment is an overview of the landscape and is perfect for general office and firm training for all SMSF team touchpoints. Issues covered will include the contribution rules, ins and outs of the Transfer Balance Limits, review and upgrade of BDBNs and reversionary pensions, administration and putting together SMSF strategy requirements.
2. Contributions – Key SMSF Contribution Strategies and the importance of forgetting about excess concessional and non-concessional contributions. How much is too much and making in-specie prior to 30 June to maximise the NCC limits.
3. Pensions, TRIS and the Transfer Balance Limit – How to implement for current excessive clients, what to do now to shield clients from the Limit and important and impressive strategies going forward – an absolute key session plus the future of deferred pensions.
4. Estate Planning and Social Security – BDBNs and Reversionary Pensions – the ultimate blend along with a Pension Reserve – key estate planning strategies for clients. What to do with current redundant strategies and how to deal with accumulation and pension accounts running side by side. How the aged care and the aged pension are impacted by the 1 July 2017 changes and also the recent assets test threshold changes and maximising benefits under the new paradigm.