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Recorded Webinars
Recorded Webinar: Granny Flat Arrangements: Best Practice Advice and Structuring
Older Australians are increasingly looking into multigenerational living arrangements with their children as a viable alternative to residential aged care. These types of arrangements are only likely to increase in popularity following the Federal Government’s legislation grantin
PRESENTED BY
Dung Lam
Team Leader – Tax, Argyle
Date/Time
About the Webinar
Older Australians are increasingly looking into multigenerational living arrangements with their children as a viable alternative to residential aged care. These types of arrangements are only likely to increase in popularity following the Federal Government’s legislation granting a targeted CGT exemption for granny flat arrangements. This session looks at best practice advice and structuring of so-called “granny flat” options to achieve family harmony and maximise the tax benefits, including:
- Is a granny flat arrangement right for your client? Helping them analyse the benefits and disadvantages
- Structuring the arrangement:
- Contribution percentage
- Title, ownership and rights issues
- Gift or loan
- Unpacking the new CGT exemption
- What needs to be in the formal, written agreement to qualify?
- Anticipating the risks of family disputes, financial troubles and relationship breakdowns and building in safeguards
- What happens if the parent needs to go into aged care?
- Making sure the arrangement is factored into estate planning through wills and other instruments
- Recent cases
Presented By
Dung Lam
Team Leader – Tax, ArgyleWho 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 1.25 CPD/Training hours. Lawyers can claim 1.25 CPD units/points – substantive law .
WA lawyers – under your CPD rules 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]