Wednesday, 21 August 2024 | 10:00am - 12:00pm | By Webinar only
2 CPD units (Professional Skills)

Presenter: Allan Swan, Estate Planning Equation - Preventative Law

Australia has an idiosyncratic tax regime for deceased estates, with a combination of pitfalls and concessions for executors and administrators to consider. This webinar focuses on taxation issues during the phases of deceased estate administration with a particular focus on each of the below areas:

The estate administration process

• Identifying assets and liabilities
• Grant of probate v Letters of administration
• Estate asset allocation & division

Income tax & deceased estates

• Accumulation - initial administration
• Receipt of superannuation death benefits & adjustment clauses
• Streaming of estate income, eg franked dividends

CGT & deceased estates

• Extension provisions - main residence exemptions
• Transfers to beneficiaries - pre & post death acquired assets
• Non-resident beneficiaries

Life interests & testamentary trusts

• Commencing, disclaiming & surrendering life interests
• Funding special disability trusts
• Commencing beneficiary controlled testamentary trusts

 

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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