Trusts Masterclass
Issues covered include: trusts law, trustees and beneficiaries, trust distribution, case and legislation update
Description
An expertly crafted trust must accomplish a number of goals and not one of them can fail if you want to keep your clients satisfied. Before you tackle your next trust make sure you’re aware of what’s attracting the Commissioner’s attention regarding trustees and beneficiaries, the latest trust distribution developments and strategies, the key takeaways from recent cases. Make sure that once you’ve established an exquisitely drafted trust, it will operate smoothly and without incident.
Attend and earn 3 CPD in Substantive Law
Chair: John Tucker, Director, DW Fox Tucker Lawyers; Leading Tax Lawyer, Doyle’s Guide 2018
2.00pm to 2.05pm Opening Comments by the Chair
2.05pm to 3.05pm: What’s Attracting the Commissioner’s Attention: The Hot Issues Facing Trustees and their Beneficiaries
Focus on the Commissioner’s latest views regarding the taxation of trusts, including:
- Section 100A and reimbursement agreements
- Section 99B and distributions from foreign trusts
- Trust splitting
- Trust vesting
Presented by Michael Butler, Partner—Tax & Revenue Group, Finlaysons; Preeminent Tax Lawyer, Doyle’s Guide 2018
3.10pm to 4.10pm: Trust Distributions: The What, How, Who, Why and When of Trusts and Property
- Trusts and the beneficiaries’ interests
- Taxation of trusts
- Effecting distributions
- Streaming issues
- CGT Event E4 and how to deal with it
- Asset revaluation reserves
- Distributing to other trusts
- Family trust elections and interposed entity elections
Presented by Tom Hendrick, Associate—Tax & Revenue Group, Finlaysons
4.15pm to 5.15pm: Trust Disputes: Update on Recent Cases
It is not always possible to read and analyse all the decisions to keep up to date. Review recent significant trust cases and consider the vital takeaways you can apply to your practice.
Presented by Suzanne Mackenzie, Barrister, Bar Chambers
Venue
Stamford Plaza Adelaide Hotel
Level 2, 150 North Terrace
Adelaide 5000
SA
Australia