Close
My Cart (0 items)
Checkout

Login to TEN

Privacy Policy
Privacy Policy
Return
My Cart (0 items)
Checkout
87446
Recorded Webinars

Recorded Webinar: Estate Planning and Tax Effective Bequests: Ensuring the Taxman isn't the Recipient

Part of the estate plan may include providing for legacies to organizations whose work aligns with the willmaker’s beliefs and values. Ensuring the maximum amount possible finds its way to the organization and not the ATO can require careful planning. This session explores the rul
PRESENTED BY Raymond Lim Solicitor-Direcctor - TEP Legal , Sydney

Date/Time

About the Webinar

Part of the estate plan may include providing for legacies to organizations whose work aligns with the willmaker’s beliefs and values. Ensuring the maximum amount possible finds its way to the organization and not the ATO can require careful planning. This session explores the rules around tax effective giving, including:

  • When can a capital gain from a testamentary gift of property be disregarded?
  • What is the relevance of the $5,000 threshold for gifts?
  • When will CGT event K3 apply to the transfer in specie of a CGT asset owned by the deceased to a tax advantaged or tax exempt entity?
  • Will CGT event K3 apply to a CGT asset passing to a private ancillary fund established under a will? (ATO ID 2004/458)
  • Why the timing of share sales in an estate can make a difference to the tax outcome when beneficiaries include charitable organizations
  • What are the ATO requirements to set up and administer a private ancillary fund on death?
  • Can an SMSF be utilised to fund tax effective charitable gifts on death?
  • Practical examples comparing tax effect of gifting various in specie CGT asset types versus selling and gifting cash

Presented By

Raymond Lim
Solicitor-Direcctor, TEP Legal Sydney, NSW

Raymond Lim, Solicitor-Director, TEP Legal, Sydney, NSW

Raymond is the solicitor-director of TEP Legal Pty Ltd. He holds qualifications in accounting, finance and law and holds dual qualifications as a Chartered Accountant and Solicitor. He has more than 20 years of extensive experience providing a diversified range of commercial legal services to clients which includes trust, commercial law, property, taxation law as well as comprehensive estate and superannuation legal services to private and commercial clients across Australia. He has been able to utilise his specialised taxation and trust law knowledge in advising and structuring business models for a range of clients in business and personal estate planning and asset protection matters. Raymond is a sole expert in international estate planning, assisting high net worth private new migrants to kick start their business structures with businesses across different continents of the world.

Having worked closely with LexisNexis over the past 20 years, Raymond is the Editor for Retirement and Estate Planning Bulletin and author for LexisNexis Taxation and Estate Planning as well as being the exclusive author for LexisNexis Practical Legal Guide on 'Cost and Tax'. Raymond lectured at Kaplan Professional 'Tax Structures', 'Contracts', 'Superannuation and Retirement Planning', 'Estate Planning for Financial Planners', and he is also an experienced presenter and provided seminars and training in Trust and Taxes, Estate Planning at LexisNexis, Television Education Network, College of Law, Legalwise Seminars, The CLE Centre Pty Ltd and internal Continuing Legal Education as well as being the author of papers in technical journals such as Taxation Institute of Australia, Tribeca Communications 'Estate Planning' course paper, Financial Planning, Money Management and Retirement and Estate Planning Bulletin.

Who 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 up to 1 CPD/Training hour. Lawyers can claim up to 1 CPD unit/point – substantive law . This webinar has been designed to run for 1 hour, however, webinar lengths can vary depending on the level of questions and discussion. 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]

Go to top