What happens when the testator has specific assets that s/he wants to pass onto specific beneficiaries, especially when the estate is held in a mix of entities including discretionary trusts, superannuation, in corporate structures and in the testator’s own name? This session considers ways to get ownership and control to the right person without triggering dire tax consequences, including:
Using CGT rollovers:
ATO views on the Division 125 demerger provisions: TD 2019/D1
Small business restructure rollover to move assets from company into discretionary trust
Considering stamp duty consequences:
Trust concessions available for trust splitting
Using control mechanisms for economic ownership:
How would this operate?
Thinking about the commercial and personal practicalities
David is an Accredited Tax Law Specialist – one of only five in QLD, and a Chartered Tax Adviser. He has over 20 years’ experience acting for taxpayers of all types including individuals, SMEs, and listed and unlisted public companies across all aspects of tax law.
He has been named in Best Lawyers Australia for Tax Law and recognised by Doyle’s Guide since 2015 as a Leading Tax Lawyer.
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.
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]