A Leading Member SMSF is designed to protect a SMSF for the benefit of a specific member’s family or lineage.  Nominating a Leading Member using the LightYear Docs Leading Member SMSF means that person has the power to hire and fire the trustee of the Fund, appoint and replace Fund members plus ensure that benefits are protected from passing to non-family members, even through the estate.
In this session Grant Abbott, CEO of I Love SMSF interviews John Grocke , partner of accounting and financial services firm, Johnston Grocke on how he discusses the idea with his clients, the impact it has made and more importantly how it is changing his financial planning business.