Trusts

Issues covered include: absolute entitlement, tax consequences, vesting, Taxation Ruling TR2018/6, vesting date

Issues covered include: discretionary trusts, Family Court, Family Law Act, adult childs, parents, trust assets, outlaws

Issues covered include: discretionary trusts, testamentary trusts, inter vivos trusts, succession planning, clawback mechanisms for trustees, taxation liabilities, CGT assets

Issues covered include: family trust, ending family trust, family trust election, family trust distribution tax, family tax

Issues covered include: tax office targets, tax trusts, trust law, taxation of trusts"

Issues covered include: TTs, testamentary trusts, estate planning, wills

Issues covered include: non-resident beneficaries, SME, ATO, surcharge duty, land tax, foreign resident beneficiaries

Issues covered include: trustees, governance, digital assets, probate, wealth management

Issues covered include: testamenary trusts, super, family, super pensions

Issues covered include: trust integrity provisions, reimbursement arrangements, unpaid present entitlements, trust loss rules, circular trust distributions

Testamentary Trusts are a popular vehicle for clients to control the distribution of assets to their beneficiaries. Recent changes to the taxation of testamentary trusts have changed the landscape and increased the importance of Testamentary Trust Wills. Understand the best strategies to advise your client to protect their estate plan.

The very qualities that make discretionary trusts so appealing when established also create many headaches when it is time to pass control to the next generation. Familiarise yourself with the tax consequences, and how best to satisfy the expectations of both ingoing and outgoing generations.

Understanding when a family trust election is required can be complex. Franked dividends, trust losses, owning shares in a company with losses, or accessing the small business restructure rollover can all be viable reasons to make an FTE. The election comes with serious potential pitfalls, however, so it’s important to clarify your knowledge on when it is appropriate.

Trusts Trifecta for Advisors takes a deep dive into the complexities of trust vesting, trust distribution and testamentary trusts and deceased estates. Take the opportunity to refresh your knowledge with 3 short webinars and enhance your practice in these areas.

A comprehensive update on recent developments in tax for individuals, including super, trusts and tax changes that impact your clients.