Should my Spouse and I act as Trustees for our SMSF?
Should my spouse and I act as trustees for our SMSF or should we have a company? Members obligation - All SMSF members must be either Trustees as individuals or directors of the company acting as Trustee. Benefits of Corporate Trustee - A Corporate Trustee of a single member fund will only require one director. Corporate Trustees are generally recommended notwithstanding the additional expense in establishment and administrative costs.