From www.smsfadviser.com: Good advisers should focus on asking clients about their needs and wishes when considering winding up an SMSF rather than providing information directly.

Early discussions about an exit plan can prepare clients for future events and unexpected circumstances, ensuring they can navigate the winding-up process smoothly.

Regularly reviewing the relevance of the SMSF, especially as clients age, is crucial to avoid surprises and ensure proper management of assets and tax outcomes.