Navigate money 58
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Person 1: I have decided to set up an SMSF. But I don’t know what I should do as an SMSF trustee.
Person 2: Before you decide to establish an SMSF, you need to understand the responsibilities you would be carrying throughout the life of the SMSF and beyond.
Person 1: Oh, is it? Should I read all the suggested reading that’s provided by my adviser?
Person 2: Yes, that will help you to make an informed decision whether you want to proceed with setting up your SMSF.