VITA PALESTRANT SUPER
Although there are many advantages in setting up a self-managed super fund (SMSF), circumstances change and what may have been a sound decision years ago may no longer apply today. There are a whole host of reasons why people decide to wind up their SMSF.
They may decide they no longer wish to be burdened with the responsibility of running their SMSF or that their spouse hasn't got the expertise to take over in the event that they become ill or pass away. It could be that divorce or the wish to simplify things drives the decision.
