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Who can legitimately be a member in a SMSF?

April 26, 2017legitimately SMSF

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Who can legitimately be a member in a SMSF?

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To be a member of your fund they must be related to you either by blood, marriage or defacto (N.B. You cannot be a member of a SMSF if you have claimed bankruptcy in the last 10 years or if you have ever been found guilty of dishonest conduct).