Chapter 11: Estate planning
No one wants to die. Even people who want to go to heaven don’t want to die to get there. And yet death is the destination we all share. No one has ever escaped it. And that is as it should be, because Death is very likely the single best invention of Life. It is Life’s change agent. It clears out the old to make way for the new. Right now the new is you, but someday not too long from now, you will gradually become the old and be cleared away. Sorry to be so dramatic, but it is quite true.
Steve Jobs, Commencement address at Stanford University, 12 June 2005
One of the key features of an SMSF is the benefits it offers for estate planning. Not only do you have supreme control over your investments, but you also have ...