As part of our ongoing commitment to providing the highest quality legal documents and expanding our legal capabilities to meet the demands of our fast-growing client base, we have made further updates to Fixed Unit Trust document:
- to modernise the wording of the deed
- strengthen the existing clauses and provide further clarification
- updated unit certificates
Integrations - Class Trust
Collaboration and data sharing is now easier with Class Trust and NowInfinity. Users can now add a newly established Fixed Unit Trust to Class. Removing the need to re-enter Trust and Unitholder details separately and enabling you to start your Unit Trust administration work sooner in Class.
6 Member SMSFs
The following documents have also been updated to bring SMSF documents in line with the latest SMSF member rules:
- Binding Death Benefit Nomination Forms
- Pension documents
- Forms 280, 281, 2205, 106 and EDGE Application forms can no longer be electronically signed bringing the signing & execution of these documents in line with ASIC signing rules.
- Fixed a bug where the name of the BO for NBO shareholders could not be updated on the company profile.
- We fixed an issue for the SMSF Change of Trustee document - non-member of the fund is no longer included in the Members tab when amending a previously completed document.
- We fixed an issue where the beneficiaries added to Class were incorrectly numbered.
- We fixed where duplicate members were displayed on the Collaboration page for Class integration.
- We fixed an issue where the field for New Name in Change of Discretionary Trust Name document incorrectly allowed for pre-population with Data from Class Trust.
- Fixed a bug on the Special Purpose Company document where all officeholders were incorrectly displayed as Public Officers.
- Fixed an issue where the ATO Form for SMSF Member Exit document could not be signed electronically signed.
- Fixed a bug where extra blank pages were included on the ATO form for SMSF Change of Trustee.
- Fixed a bug where some users had trouble saving information entered onto Business Name Registration document.
- Fixed an issue where the ACN field was missing in the Standard Company form for ultimate holding company questions.
- Fixed a bug where some users were unable to select the signing manager for the Business Name Registrations.