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A New Chapter in SMSFs

Espreon has developed a new Instalment Warrant package to take into account the new rules allowing superannuation funds to borrow and take advantage of the Tax Office’s borrowing provisions for SMSFs.

Our Instalment Warrant package is up-to-date, flexible and provides documentation which caters for both:

• External lenders (banks & financial institutions), including a Warrant Certificate and specific clauses within the deed to allow for powers of attorney; and
• Internal lenders (self-funded/individual), including a pro-forma loan agreement suitable for funds to be borrowed from members or other individuals.

The documentation within our Instalment warrant package has been prepared by our legal partner, Robert Richards & Associates, who are specialists in Tax and Superannuation. This documentation can accommodate all types of structures for a SMSF to borrow, for the acquisition of:

• Real estate (residential, commercial & industrial);
• Listed securities & managed funds; or
• Alternative investments.

Espreon’s Instalment Warrant package includes:

• A guide to the Instalment Warrant Deed
• Investment strategy amendment clauses
• The Instalment Warrant Deed
• Minutes for the Fund Resolution
• Relevant exerts of the SIS Act permitting funds borrowing to invest
• A loan agreement
• Checklist of what to do
• Warrant Certificate
• Minutes for the Issuer Resolution

Other documents required to establish Instalment Warrant capabilities, which Espreon can provide, include:

• A SMSF Deed
• Upgrades to existing SMSF’s to allow the borrowing
• Sole Purpose Super Trustee Company
• Security Trustee (Corporate Trustee for the Instalment Warrant Deed)
• Other SMSF-related documents

Our complete Instalment Warrant package is available for only $1600 + GST. Click here for the Instalment Warrant order form.