From www.smsfadviser.com: As the population ages, legal professionals face increasing challenges related to capacity, elder abuse, and decision-making in estate planning and superannuation matters, especially concerning SMSFs.

Key considerations include understanding legal capacity, utilizing enduring powers of attorney, recognizing the prevalence of elder abuse, managing practitioner responsibilities, and ensuring compliance with superannuation laws.

Proactively addressing these issues can help protect vulnerable individuals and maintain the continuity and stability of SMSFs.

Filed under: Superannuation

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