You can use Allans Off The Shelf to create your SMSF borrowing (or “limited recourse borrowing”) documents. Allan’s Of The Shelf offers different packages depending on whether:
- the lender is a bank; or
- the lender is a related party of the SMSF’s trustee(s) or is a third party (but not a bank).
Creating your SMSF borrowing documents through Allans is easy. Once you answer the question interface, you will immediately receive a link to download your documents including your Declaration of Custody Trust (sometimes called a bare trust set up). It takes about 10 minutes. Legal sign-off: All Allan’s master documents are written in plain language and are signed-off by our lawyers .