Resignation letter for an SMSF trustee(3 samples)

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Page last updated: 24/09/2022

Resignation letter for an SMSF trustee(3 samples)

This blog post will show you samples of “resignation letters for an SMSF trustee.”

Writing an “SMF trustee resignation letter.”

When writing an “SMSF trustee resignation letter,” these are some of the things that you need to keep in mind.

  • The first step is to tell the board about leaving and the final work date. Keep it short as the essential part of the letter is the last date of your work.
  • Indicate the reason you are leaving your membership. It would be best to be polite as you will leave a positive impression on your employer. Maintain your composure when drafting the letter.
  • Finally, thank the board for the position and the opportunities you have enjoyed during your work period.
  • Ensure you proofread your letter before sending it. You can send the letter to your family and friend to check for grammatical errors.

Sample 1: “Resignation letter for an SMSF trustee”

“Dear Mr Mashburn,

I regret to inform you that I will be resigning from my position on the board of trustees. I am handing in this resignation due to personal reasons and it will come into effect immediately. Please accept this letter as my official notice of immediate resignation. I truly regret any inconvenience caused to any of the members by my resignation.

If I can be of any assistance in transferring responsibilities appropriately, please let me know. You may contact me via telephone at (555)-555-5555 or via email at [email] I will respond to messages as soon as possible. I appreciate your consideration and look forward to hearing from you.

Serving on the board of trustees has been a fulfilling learning experience for me that I am grateful for, and I regret to have to move on to other things. I wish you all every success in your current and future endeavours. I have deeply appreciated all of the cooperation on the board and hope that we may cross paths again at some time. Thank you for all of your work alongside me during my trusteeship.

Yours sincerely,

Marcus Hamilton

Marcus J. Hamilton”

Sample 2: “Resignation letter for an SMSF trustee”

“Nolan Santana

Board of Trustees

SMSF

City, State, Zip Code

Dear Mike,

As of the date of this letter, I am resigning as a Trustee of the SMSF. While I have enjoyed my time and was looking forward to another term, recent events have made remaining a hard choice. As an alumnus of SMSF, I joined the Board with what I thought was a clear understanding of the membership. I believe the Board has lost its focus over the last few years.

As everyone knows, I was disconcerted by the Board’s methods in selecting the new president. It felt to me like a buddy system was in place and a choice had been made before a single applicant had been reviewed. I felt our responsibility to lead the selection process as opposed to circumventing it only hurts the Board’s authority and credibility.

Unfortunately, my dissatisfaction with not just the selection Ð whom I feel has neither the experience nor educational background to sufficiently manages Ely Ð but with the process has left me in an awkward position with the Board, as well as at odds with the new president.

To my mind, I cannot effectively operate as a Trustee and see this resignation as my only option.

Best regards,

Nolan Santana”

Sample 3: “Resignation letter for an SMSF trustee”

“Dear Ms. Shute,

It has been an honor to work alongside you on the Mark & Mark Financial Board of Directors. You have been more than a capable leader and I have learned much about the decision-making that goes into running a successful company. However, I feel that it would be best if I resigned from my position on the Board, effective October 1, 2017.

My commitments have become increasingly time-consuming and, over the past year, it has been difficult for me to manage many aspects of my personal life. I want you to know that my departure is not directly related to any specific person on the Board, but simply due to my need to make my extremely strenuous schedule slightly less demanding.

With my remaining time on the Board, I would be happy to assist in the effort of finding a replacement and training said replacement so that they are fully prepared come the time of my resignation. Please contact me with any questions or comments in that regard.

Thank you for the opportunity and give my regards to the other members.

Best wishes,

Rick Yorkdale”

Frequently Asked Questions: Writing an “SMSF trustee resignation letter.”

What are the reasons for an SMSF trustee quitting?

Some of the reasons for SMSFmembers heading for the exit are:

  • A member may leave the SMSF to start their fund with a new spouse.
  • Business partners who had started an SMSF might decide to leave a business and take their super with them.
  • A member could move out of the country for a significant period and want to leave an SMSF as well.

How do I resign as a trustee?

You will be required to submit your resignation letter to the board; you can resign before the end of the set term. Before resigning ensure to read your charity’s governing rule document.

We hope the above blog post was helpful. Please leave your comments and questions below.

Citations

https://www.jotform.com/pdf-templates/trustee-resignation-letter#:~:text=Trustee%20Resignation%20Letter%20is%20a,rights%20will%20be%20transferred%20to.