5th Annual Estate Planning Conference 2020
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.
Description
Chair: Kathy Wilson, Principal, Kathy Wilson Legal; 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 Mark Morris, Senior Tax Counsel, BNR Partners
10.00am to 11.00am: Dealing with Real Property in Estate Planning
- Is the house really yours? Ownership of real property
- The holiday house must stay in the family: gifts of real property
- Life interest v right to occupy
- Elder law issues: transfer of property in return for care
- Testamentary trusts and real property
- Who is in charge: the power of the executor and attorney
Presented by Ines Kallweit, Principal Solicitor, KHQ Lawyers; Accredited Specialist in Wills & Estates
11.00am to 11.15am Morning Tea
11.15am to 12.10pm: Strategic Structuring for Estate Planning: How to Own Nothing but Have Access to Everything?
- Reasons for wanting zero net equity for your clients:
- Business risk
- Estate challenge risks
- USA & UK inheritance taxes
- Challenge safe havens
- Transferring equity rather than legal title
- Use of home equity trusts
Presented by Allan Swan, Director, Estate Planning Equation; Chartered Tax Adviser
12.10pm to 1.05pm: Cross Border Estate Planning: Advising Clients with Inheritance from Foreign Estates
- Key issues with inheriting from foreign estates
- Alternative legal systems and restrictions on estate planning
- Concept of universal succession and German estates
- International estate tax and issues having estates in multiple jurisdictions
- Planning issues facing foreign estates
- Resolving difficulties with foreign gifts of real property
- Asset protection and practical family issues
Presented by James Daly, Special Counsel, McKean Park Lawyers; Accredited Specialist in Wills & Estates
1.05pm to 1.50pm Networking Lunch
1.50pm to 2.40pm: Every Client is Unique: Why Should Advisers Say ‘No’ to the Standard Will and What’s Your Role as an Accountant?
- Benefits of testamentary trusts in wills and when to use/suggest them
- Why the Will-Kit is not a good idea
- Assets that form part of your client’s estate versus assets that do not form part of the estate on death
- Structuring of wills to afford your client’s beneficiaries with asset protection and to minimise risk of litigation
Presented by Daniel Kelliher, Wills & Estates Specialist, Eastern Bridge Lawyers
Prepared by Teresa Catalano, Managing Principal, iWills Legal; Accredited Specialist in Wills & Estates
2.40pm to 3.35pm: Your Expert Guide to Manage the Death of an SMSF Member
- Review of deed, pensions and nominations
- Should you advise your clients to appoint personal trustees or corporate trustees
- Ideal contents of wills and powers of attorney
Presented by Daniel Kelliher, Wills & Estates Specialist, Eastern Bridge Lawyers
3.35pm to 3.50pm Afternoon Tea
3.50pm to 4.45pm: Interplay between Estates and Family Law: What Accountants Need to Know
- Loans between parents and children: is it a gift or is it a loan? How to advise clients properly?
- What is a domestic partner? How long is long enough and what is it worth? Recent cases in domestic partner relationships and family provision claims
- Binding financial agreements and death: what happens?
Presented by Hayley Hunter, Senior Associate, KCL Law
Venue
RACV City Club
Level 2, 501 Bourke St
Melbourne 3000
VIC
Australia
Parking Information
Parking is not included in your registration. Here are some options below. RACV City Club Car Park.
Directions
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.