a client is the sole member of a Self managed super fund, the fund does not have a corporate trustee structure.

Explain two ways in which they could have the current structure in place and stillsatisfy the definition of a single member fund.

explain this by way of specific examples, as they would apply to the clients situation. (create some assumptions)

Identify two disadvantages of the current structure and explain, under what circumstances, this could be a problem for them in the future.