Lee-Ann Cartoon is an experienced tax and succession 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 area of complex estate and succession planning and regularly advises and presents across these areas. Lee-Ann is a Member of the STEP WA State Committee, Chair of the STEP WA Membership and Promotion Sub-Committee and Member of the national STEP Membership and Promotion Sub-Committee.
Recorded Webinar: Testamentary Trusts: Are they Always the Answer?
Date/Time
About the Webinar
The Will is an important document setting out how assets are to be dealt with on a testator’s passing. In this webinar, we will explore the key features of a testamentary discretionary trust (TT) Will, including:
- Consideration of situations where TT Wills are particularly useful;
- Tax advantages of distributing income to minor beneficiaries of a TT;
- The tax rates that apply to the trustee of a TT if income is accumulated with the TT;
- The CGT implications of a TT, including:
- transferring assets from the deceased to a TT (PSLA 2003/12)
- how the 50% CGT discount applies to TTs
- Stamp duty considerations when transferring property in to or out of a TT;
- Whether non estate assets (i.e. assets in a discretionary trust) can find their way into a TT?
- The vesting requirements of a TT; and
- Case studies
Presented By
Lee-Ann Cartoon
Principal, Succession Solutions Perth Perth, WAWho Should Attend?
This webinar is suitable for lawyers and accountants throughout Australia who advise in estate planning matters. This webinar is for practitioners with some knowledge in this area and looking to improve their knowledge.
CPD Information
Accountants can claim 1 CPD hour. Lawyers can claim 1 CPD unit/point – substantive law.
WA lawyers – Please note that TEN is unable to verify your completion of recorded webinars to the Legal Practice Board of WA. TEN is an accredited provider.
Enquiries/Assistance
If you need assistance or have an enquiry, please do not hesitate to contact our Webinar Coordinator, Lisa Tran on (03) 8601 7709 or email: [email protected]