Published on 19 Jul 13
by QUEENSLAND DIVISION, THE TAX INSTITUTE
With litigation becoming more common, more complex family arrangements and different business structures require an increased focus on protection and preservation of clients’ wealth. This paper highlights the key factors for practitioners to assist clients in protecting their assets from family disputes and trustees in bankruptcy including:
family asset protection
Kennon v Spry and subsequent cases
personal asset protection vs business assets and business continuity impact
powers of Attorney, inheritance rules, CGT and testamentary trusts.
Brian Richards CTA
Brian has specialised in providing taxation advice to a wide range of business clients for approximately 40 years. His particular taxation specialty areas include business restructuring, intellectual property transactions, CGT issues and tax planning matters. He also consults extensively to other accounting and legal practices on various taxation issues. As a taxation specialist, Brian has extensive academic and other lecturing experience. Current at 20 May 2015
The Tax Institute is a Recognised Tax Agent Association (RTAA) under the Tax Agent Services Regulations 2009.
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