Teaminvest Wealth Builders
Join us for the TIP Wealth Builder weekly podcast where we bring you insights, strategies and stories to help you compound your wealth and knowledge. Whether you are a seasoned investor, or just starting out on your wealth building journey, this podcast is designed to inspire, educate and empower you.
Teaminvest Wealth Builders
Building an SMSF: Choosing the Right Trustee Structure
Thinking about starting a self-managed super fund (SMSF) or optimising your current setup? In this episode, Kerry Fleming is joined by Meleena Mitchell, Head of SMSF at TIP Group, to break down everything you need to know about SMSF trustee structures. Discover the pros and cons of individual vs corporate trustees, how to avoid costly mistakes, and why your choice now can save you time, money, and stress in the future.
In this episode:
- What is an SMSF trustee—and why does it matter?
- Individual vs corporate trustees: setup, costs, risks, and admin
- How penalties are applied (and why structure matters)
- What happens when a member dies or leaves the fund
- Special rules for single-member SMSFs
- Practical tips for smooth SMSF setup and compliance
Timestamps:
00:00 – Introduction
01:00 – What is an SMSF trustee?
03:00 – Individual trustee: pros and cons
06:00 – Corporate trustee: setup, costs, and benefits
12:00 – Penalties and asset separation
15:00 – Single-member SMSFs: what are your options?
18:00 – What happens when a trustee dies?
22:00 – Real-world tips for SMSF success
24:00 – How to get help and next steps
Listen on:
Follow us:
👍 Like this video
🔔 Subscribe for more SMSF and investing insights
💬 Comment: What’s your biggest SMSF question?
#SMSF #SelfManagedSuper #Superannuation #TrusteeStructure #WealthBuilding #InvestingPodcast #Teaminvest
🎙️ Enjoyed this episode?
Don’t forget to subscribe, rate, and leave a review on your favourite podcast platform. It helps us grow and reach more Wealth Builders like you.
📩 Join the conversation
Have thoughts or questions? Email us at marketing@tipgroup.com.au or connect with us on LinkedIn
🔗 Support the show
Love what we’re doing? Please show your love by sharing this episode with a friend.