Many parents wish to leave their estates split equally between their children. In practice this can be challenging to achieve because of the specific facts and circumstances which apply for each child. This session considers when equalisation challenges arise, including:
Tax equalisation issues
resident versus non-resident beneficiaries
splitting the family home
who should bear the tax? Achieving tax equalisation through the will
What happens when different children receive different assets - how is parity of value to be achieved?
managing fluctuations in asset value between the time of the will and the date of death
Assets held in parents’ name but substantially paid for by child:
getting assets out of the estate pool without tax and duty implications
constructive trust issues
When Steve is not competing in the Noosa Triathlon or swimming to Rottnest Island, he is one of the Directors of Merthyr Law.
Steve Grant practises in estate planning, being an Independent Trustee | Public Speaker | Board Member | Family Business Advisor | School Rugby Coach.
His 40 years of experience working in a legal office can assist families through tricky succession and governance issues.
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]