SMSF Add-ons
Reckon Docs has a number of documents which integrate with our SMSFs, including:
Sole Purpose Trustee Company
Reckon Docs Sole Purpose Trustee Company constitution has been developed to maximise the Trust Deed's full potential. Unlike trading company constitutions, the Sole Purpose Trustee Company constitution includes rules that are relevant only to its function as a SMSF trustee.
When the directors of a corporate trustee of a SMSF hold a trustee meeting they are governed by the rules of the constitution of the trustee company, not the rules of the SMSF trust deed. It is therefore important that the constitution contains rules consistent with the trust deed.
The trustee company constitution also contains rules dealing with trustee voting powers, and automatic appointment of executors and legal personal representatives as trustees of the fund that mirror those that are written in the SMSF trust deed. These rules help the members, acting as trustees, to maintain control over their superannuation.
Compliance Documents
Reckon Docs compliance documents are exclusive to the Strategist SMSF and consist of a set of detailed minutes and notices documenting over 40 transactions that may occur in the fund. Minutes are customised to the fund and linked to the specific rules in the deed.
SMSF Pension Documents
Reckon Docs pension documents are for used in the establishment of the new account based pensions available in a SMSF as well as covering the compliance required for the transition of an existing allocated pension to an account based pension.
The SMSF pension documents also accommodate transition to retirement, reversionary beneficiaries, and the segregation or not of the pension assets.
Reckon Docs's Pension Documents include:
- All member notices, and trustee minutes and notices
- Pension terms and conditions
- Pension schedules and checklists