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Mclowd User Guide for SMSF Trustees

In the Has Reversionary Nominee field, click YES if you wish to enter a Reversionary Nominee.

Click NO if you do not wish to record a nomination. (Refer to Legal Considerations: Reversionary Pensions.)

 

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If you answer Yes, Mclowd™ will display the names of other members of your Fund whom you may wish to nominate as Beneficiaries.

You can either select one, or click Other to specify someone else.

If you select Other, Mclowd™ will display Beneficiary Nominee fields into which you can enter the name, date of birth and gender of your selected nominee.

 

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IMPORTANT:  
The Fund Trust Deed must permit nomination for this nomination to be valid, and your nomination must comply with legislation. Refer to Legal Considerations: Reversionary Pensions. Seek professional advice if uncertain

 

 

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