The requirement for directors of an SMSF corporate trustee to obtain a director ID number can exist even if the super fund has been wound-up.

Trustees and advisers should consider issuing more than two shares in an SMSF corporate trustee to allow the fund to operate more efficiently.

The production of deeds should be no respecter of paper, with an SMSF legal expert urging the use of new paper deeds for every update and change.

A new package to assist advisers in the vesting or wind-up of an SMSF, discretionary trust or unit trust has been made available to the market.