We all know what the sole purpose test is. However, what I need to know is when the sole surviving or even the youngest member of the fund finally turns 65 does the sole purpose test then become redundant? Consequences for example: if the fund owns a rental property - can family members now live in it? But the main query relates to the role of the SPT once the youngest member attains age 65.
Негізгі бет Q&A: Does the sole purpose test become redundant when you've retired?
Пікірлер