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Recorded Webinars
Recorded Webinar: Charitable Giving and the Estate Plan
It is not uncommon for a will to include a favourite charity or non-profit organization as a beneficiary and in some situations the legacy can include substantial assets. With the best of intentions complications can arise. This session looks at the issues, including:
PRESENTED BY
Mark Macrae
Senior Associate, Arnold
Date/Time
About the Webinar
It is not uncommon for a will to include a favourite charity or non-profit organization as a beneficiary and in some situations the legacy can include substantial assets. With the best of intentions complications can arise. This session looks at the issues, including:
- Will the distribution unwittingly trigger capital gains tax?
- What is the definition of an exempt entity for CGT event K3 to apply?
- The exception for certain philanthropic testamentary gifts under sec. 118-60 ITAA 1997) and the importance of DGR status
- If a CGT event occurs for a gifted asset:
- what is the timing of the event?
- How is the capital gain or loss calculated?
- Which entity is assessable on the gain?
- Does it make a difference if rather than gifting an asset, the executor sells the asset and gifts the proceeds?
- Practical tips when considering such legacies
Presented By
Mark Macrae
Senior Associate, ArnoldWho 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 – From 1/4/2021, due to changes to your CPD requirements we are unable to verify your completion of recorded webinars to the Legal Practice Board of WA.
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]