Change of SMSF trustee implementation

Our fee for this service is $880.00 inclusive of GST (plus disbursements), and is payable in two instalments. Please note further fees will apply if the Fund owns more than one property or the property is located in Queensland.

The above fee is payable in two instalments.  The first instalment of $385.00 will be required upon completion of the documents and the second instalment of $495.00 becomes payable once the Transfer has been registered and the new Certificate of Title has been issued (if applicable). 

If the Fund owns more than one property our fee is $440.00 (incl. GST) for the preperation of documents for each additional property located on the same plan number.  This fee is payable at the time of the first instalment.  If there are properties located in different states and territories please contact us to confirm the fees which will apply.

If the Property is Located in Queensland:

As the requirements of the QLD Titles Office involve the preparation of additional documents, our change of trustee implementation service for properties located in QLD will attract an extra fee of $110.00 (incl. GST) per property.  This fee is payable at the time of the first instalment.

Please note that this service does not include preparation of the documentation necessary to change the trustee(s) of the Fund. 

Should you require those documents, please also order our:

Once there has been a change in the trustee/s of an SMSF, the Australian Taxation Office (ATO) requires all fund assets to be held in the name of the new trustee, including all individual trustees.

In order to avoid penalties or other sanctions from the ATO, it is necessary to update the title records of the Fund’s assets (including land, shares and securities) as soon as practicable after the change of trustee has been effected.

We also offer an unmatched end-to-end service to transfer real property owned by the Fund from the retiring trustee(s) to the new trustee(s), starting with the preparation of the necessary transfer and duty assessment documents and ending with the delivery of the certificate of title (or equivalent) to you showing the new trustee(s) as the new registered proprietor(s) of the property on title.

For further information, please call our office on 02 8296 6266