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      Adding a Child Member to a SMSF Corporate Trustee

      A minor cannot be a director, but he can be added and would require a parent or guardian adult trustee. 

      Adding child member also requires new adult trustee

      https://smsmagazine.com.au/news/2019/09/03/adding-child-member-also-requires-new-adult-trustee/#:~:text=An%20SMSF%20can%20add%20a,adult%20trustee%20to%20oversee%20them

       

      Please be advised this is general information only, and is not to be taken as legal advice. If you would like more information, or have a legal query, please contact Abbott & Mourly directly.
      Reviewed: 17/01/2024