Wednesday, 11 September 2024 | 10:00am - 12:00pm | By Zoom Webinar only
2 CPD units (Professional Skills)

Presenter: Allan Swan, Estate Planning Equation - Preventative Law

It is not just young family members that can be vulnerable to exploitation or loss of financial resources. Adults with acquired brain injuries, intellectual disabilities, mental health challenges and substance addictions can all be vulnerable. This webinar looks at range of issues impacting on vulnerable family members, ranging from eligibility for health care card to income tax considerations.  

Risk of financial harm 

• Next of kin may not be suitable 
• Control of funds for young children, eg if orphaned 
• Control of funds for vulnerable adults 

Eligibility for health care card & means tested pension 

• Economic value of health care card 
• Deeming of family trust & proprietary companies 
• Assets test & ordinary income test 

Protective trusts & funding accommodation 

• Accommodation funds & life interests
• All needs protective trusts
• Special disability trusts - need for "severe disability" 

Tax & considerations 

• Income splitting without jeopardising beneficiary protection 
• Use of superannuation - income & exempt assets 
• Special disability trusts - CGT, land transfer duty & land tax exemptions 

Registration Fees:
Platinum / GDLP: $75
Members (admitted more than three years): $160
Members (Junior - admitted less than three years): $120
Non-Members: $240
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