Wills and Estates: Planning and Elder Law Issues
213W04: This is a no fluff, all-strategy, must-attend seminar for all wills and estates lawyers. Delve into the tips and traps of SMSFs and family trusts in estate planning. Scrutinise the tax issues in testamentary and estate proceeds trusts. Acquire the critical need-to-know aspects of Enduring Powers of Attorney and financial elder abuse including solicitor obligations.
Description
Attend and earn 3 CPD points in Competency Area 4: Substantive Law
This program is based on WA legislation
Chair: Karolina Rzymkowska, Head of Estates, Lynn & Brown Lawyers
2.00pm to 3.00pm SMSFs, Family Trusts and Estate Planning
- The importance of mapping out the passage of wealth through SMSFs, family trusts and estates
- The value in reading the SMSF and family trust deeds, regular review and updating as required
- How a robust estate plan complements well drafted SMSF and family trust documents
- Common issues that arise in this area and suggestions for addressing those issues
Presented by Lee-Ann Cartoon, Principal, Succession Solutions Perth
3.00pm to 4.00pm Testamentary and Estate Proceeds Trusts: Tax & Practice
- Testamentary trusts: why, how and common misconceptions
- Estate proceeds trusts, the benefits
- What does new s102AG(2AA) do?
- Operating and vesting testamentary trusts: tax and duty
- How the main residence exemption interacts
Presented by Antony Barrier, Director, Munro Doig Lawyers
4.00pm to 4.15pm Afternoon Tea
4.15pm to 5.15pm Enduring Powers of Attorney and Financial Elder Abuse
- Solicitor’s obligations when taking estate planning instructions from elderly clients
- Enduring Powers of Attorney: duties and breach
- Receipt of ‘gifts’
- The Guardianship & Administration Act, unconscionable conduct, undue influence
- Examples of ‘elder abuse’ in recent SAT Guardianship List matters
- Registration of Enduring Powers of Attorney & the Law Reform Commission’s recommendation for a national register
Presented by Amanda Liston, Director, Amanda Liston Legal; Recommended Wills & Estates Litigation Lawyer, Doyle’s Guide 2020 and Recommended Wills, Estates & Succession Planning Lawyer, Doyle’s Guide 2019; member, Elder Law and Succession Committee, Law Society of WA
Presenters
Karolina Rzymkowska, Head of Estates, Lynn & Brown Lawyers
Karolina provides estate and succession planning advice to clients ranging from mums and dads to high net worth individuals. She also advises executors in relation to their estate administration duties, beneficiaries in respect of their rights, business owners in relation to business succession planning and attorneys acting under enduring powers of attorney. Karolina also acts for executors and beneficiaries in disputed estates. Previously, Karolina headed up Wills and Estates practices at two boutique law firms in Perth and also managed the Wills and Estate Planning operations for ANZ Trustees across WA and SA where she provided legal advice to high net worth clients of ANZ Private Bank, One Path, FSP and ANZ financial planning.
Lee-Ann Cartoon, Principal, Succession Solutions Perth
Lee-Ann Cartoon is an experienced tax and estate planning lawyer. She has worked throughout Australia and the UK advising clients ranging from global financial institutions and multinational energy and resource companies to high net wealth individuals. Lee-Ann's experience has given her an appreciation of the importance of approaching any matter commercially, logically and with the client's end goal front of mind. Lee-Ann has developed a particular interest in the areas of estate and succession planning, with a focus on effective and robust structuring.
Antony Barrier
Antony Barrier has been practising in tax, estate planning, superannuation and commercial law for over 10 years and provides advice in most areas of Australian Federal and State taxation, with a particular interest in international tax. In addition to his work at Munro Doig, Antony has spent time in the Taxation group of a large Australian law firm and a boutique firm in London specialising in international tax planning. Antony has a Master's degree in Law and is a fellow of the Tax Institute.
Venue
Parmelia Hilton
Level 1, Meeting Room, 14 Mill Street
Perth 6000
WA
Australia
Directions
Nearby Public Transport:
Train Stations - The Esplanade Station
Bus Interchange - St Georges Terrace Cloisters Green
Parking information
Parmilia Hilton - Valet Parking only - Click here to view rates.
Convention Centre - 100 metres from Parmelia Hilton. Click here to view rates.