Squaw Valley first Monday after the holidays. Kids are back in school and the weather is wonderful. ... See MoreSee Less
2 weeks ago
Self-care Transformation vlog 104
Final. 1 year done. Lessons learnt.
Thank you to everyone who supported me through this time and shared their experiences. Best wishes for 2020 and beyond
#selfcare #meganwolfenden ... See MoreSee Less
Sunset over Lake Tahoe. Quick snap from the car (as Alex was driving) ... See MoreSee Less
Megan Wolfenden is feeling thankful in Tahoe City, California.
3 weeks ago
3 weeks ago
Self-care transformation vlog 102 with Anthony on the slopes on Christmas Day. But I said 101 on the video incorrectly. Happy to be exercising and getting out having fun.
#skiing #squawvalley #meganwolfenden ... See MoreSee Less
4 weeks ago
3 months ago
SMSF Deeds and Automatic Trustee Removal.
A good SMSF trust deed might include terms to automatically remove a trustee should they become insolvent / enter liquidation / receivership / bankruptcy.
Banks providing Limited Recourse Borrowing Arrangements might take issue with this and request removal of these terms from the trust deed.
In the absence of an automatic removal of trustee clause, a liquidator/trustee in bankruptcy assumes the powers of the trustee, including the power to sell assets. This completely undermines the asset protection provided by the trust structure, which is after all one of principle reasons for their use.
Keep this in mind when you review your trust deed or if someone asks you to change it to remove these terms. #SMSF ... See MoreSee Less