What changes to trustee are available?

You can create any of the following changes to trustees in a Fund:

Remove or retire individual trustees and appoint a corporate trustee (need corporate trustee in existence first)

Remove or retire a corporate trustee and appoint individual trustees

Remove or retire an individual trustee and replace them with another individual trustee

Add an individual trustee (without removing a party as long as the fund continues to meet the definition of a SMSF)

Remove or retire an individual trustee (without adding a party as long as the fund continues to meet the definition of a SMSF)