In-specie benefit payments

This service requires legal advice and tailoring.  Quoted fees for client acceptance will vary based on the complexity of the advice and/or documentation required.

It is possible for an SMSF to pay benefits to its members through a transfer of assets rather than as cash.

Only lump sum benefits can be paid in-specie, not pension benefits. Examples of such lump sum payments may include a benefit owed to members once they have satisfied a condition of release, a lump sum death benefit to beneficiaries, and a commutation of pension where the subsequent commutation sum goes towards payment of an in-specie benefit.

We assist with advice on, and preparation of compliance documents formally enacting an in-specie benefit payment.

What's included:

  • the necessary documents to be provided are specially tailored based on the nature of the matter at hand

For more information, please fill out our no obligation enquiry tab and we will be pleased to contact you shortly, or call 02 8296 6266 for immediate assistance.