Estate Planning Conference 2020
Issues covered include: Death and taxes, strategic structuring, estates and family law, inheriting from foreign estates, dealing with ageing clients, the death of an SMSF member
Description
By investigating the latest estate planning issues, this full day program is particularly designed for you to grasp the essential skills you need to assist your clients with all complex scenarios. Master the key CGT implications of a deceased estate, understand the complex relationship between family law and estate planning, obtain the expert guide to cross border estate planning and learn how to deal with the death of an SMSF member.
ESTATE PLANNING STRUCTURES: TOP TIPS ON TAX, FAMILY AND TRUSTS
Chair: Adeline Schiralli, Consulting Principal, Keypoint Law; Accredited Specialist in Wills & Estates
9.00am to 10.00am: Death and Taxes: Some Practical Discrete Issues You Just Must Know
- Can your client keep the family home and still claim the main residence exemption?
- Will a family agreement mean your client has to pay tax?
- Distribute or liquidate: What are the tax implications of the share portfolio Mum had?
- There’s a testamentary trust for the grandchildren: is this the most tax effective way to handle those assets?
Presented by Ken Schurgott, Solicitor Director, Schurgott & Co Lawyers
Prepared by Ian Raspin, Managing Director, Lyn Freshwater, Senior Tax Consultant, Mark Morris, Senior Tax Counsel, BNR Partners
10.00am to 10.15am Morning Tea
10.15am to 11.15am: Strategic Structuring for Estate Planning: How to ‘Own Nothing but Have Access to Everything’?
- Notional estate provisions in NSW as they relate to:
- Assets owned as joint tenants
- Superannuation death benefits
- Trusts and family companies
- Making gifts prior to death
- Entering into mutual Will contracts and how would it assist your clients
- Interesting cases and cautionary tales including Hitchcock v Pratt
- Case study for discussion
Presented by Asheetha Jelliffe, Partner, Bridges Lawyers; Accredited Specialist in Wills & Estates
11.15am to 12.15pm: Interplay between Estates and Family Law: What Accountants Needs to Know
- Family law, pre-nuptial agreements and the relevance to estate planning
- Case study: how to protect assets against a new spouse if your client’s surviving spouse enters into a new relationship?
- How to protect a child’s inheritance from their spouse? Do testamentary trusts work? What to do with lifetime family trusts?
- How to help children out with property purchases but still protect the assistance: the increased use of loan agreements and their impact on estate planning
Presented by James Whiley, Partner, Hall and Wilcox
12.15pm to 1.00pm Networking Lunch
COMPLEX ESTATE PLANNING: YOUR QUESTIONS ANSWERED
1.00pm to 1.50pm: PANEL DISCUSSION: Hottest Issues You Need to Know about Estate Planning
- Should you be the executor of your client’s will and how do you ensure that you get paid?
- What is your role as an accountant during preparation of a Will?
- When is it appropriate to suggest your client sets up a testamentary trust?
- Key challenges and considerations when a family business gets involved
- Your opportunity to ask questions
Facilitator:
Chris Balalovski, Partner, Business Services, BDO
Panellists:
Christine Page, Director, David Landa Stewart Lawyers; Accredited Specialist in Wills & Estates
Ken Schurgott, Solicitor Director, Schurgott & Co Lawyers
Kirsten Taylor-Martin, Partner, Private Advisory, Grant Thornton
1.50pm to 2.45pm: Cross Border Estate Planning: Inheriting from Foreign Estates
- Key issues with inheriting from foreign estates
- International estate tax and issues having estates in multiple jurisdictions
- Planning issues facing foreign estates and beneficiaries
- Asset protection and practical family issues
- Case study
Presented by Raymond Lim, Solicitor Director, TEP Legal
2.45pm to 3.00pm Afternoon Tea
3.00pm to 3.50pm: New Skills Needed for you to Deal with Ageing Clients: Capacity, Cognition and Ability
- Mild cognitive impairment and decision making risk
- Managing the informed consent problem
- Embracing relational practice business models in your firm: why and how?
Presented by Michael Perkins, Practitioner Member, Academic Community of the Society of Trust and Estate Practitioners (STEP)
3.50pm to 4.45pm: A Step by Step Guide to Manage the Death of an SMSF Member
- What, whom, when and how to notify
- Payment and taxation of super death benefits
- Corporate trustee v individual trustees
- Multi member v sole member SMSF
- Issues to watch out for
Presented by Brian Hor, Special Counsel, Superannuation & Estate Planning, Townsends Business & Corporate Lawyers
Venue
Cliftons Sydney
Level 3, 10 Spring Street
Sydney 2000
NSW
Australia
Directions
Nearby Public Transport:
Train Stations - Wynyard 400m OR Martin Place 500m
Bus Interchange - Clarence Street 450m
Ferry - Circular Quay 1.2km
Parking Information
Parking not included in your registration. Here are some options below.
Secure Park 20 Bond Street - click here for rates
Wilson Park 1 O'Connell Street - click here for rates
Wilson Park 31 Bond Street - click here for rates
Accreditation
Attend full day and earn 6.5 CPD units
FASEA CPD Allocation: 6.5 hours in Technical Competence
All our conferences are able to count towards your CPD hours in accordance with the regulations of any industry association including CA ANZ, CPA and more. Click here to view your organisations' rules.