In this clip, we delve into the straightforward setup process for establishing a Self-Managed Super Fund (SMSF) and a Bare Trust. Our expert outlines the two essential application forms required, which are identical and only one page each. Listeners will learn that the initial documentation needed includes a super statement and identification, making the process accessible and efficient.

We discuss the importance of client support throughout the setup, highlighting that clients can easily reach out with questions via a dedicated personal contact. The expert emphasizes the supportive role of the Blue Chip SMSF team, ensuring clients feel guided and informed every step of the way. Tune in to discover how simple and streamlined the SMSF setup can be!

Ready to finally take control of your take control of your retirement savings and stop leaving your future in someone else’s hands? Book your free call with our team today to find out more: https://www.bcsmsf.com.au/contact-us/

Follow us:

Instagram – https://www.instagram.com/bluechipsmsf/

Website – https://www.bcsmsf.com.au

Please note: The information provided in this recording is for coaching and educational purposes only. It should not be considered personal financial advice. Everyone’s situation is different, so before acting on any of the content discussed, please seek independent financial advice tailored to your specific circumstances.

Timestamps:

00:00:00 - 00:00:00: Introduction

00:01:10 - Client Support and Communication

00:02:45 - No Financial Advice Provided

00:04:59 - Types of Properties Purchased

00:05:52 - Contract Requirements for SMSF

00:07:05 - Single Asset Rule and Regulations