Note: This presentation was delivered at both the Victorian and Tasmanian Conventions in 2008 (9-11 October and 17-18 October respectively).
This presentation considers some of the fundamental concepts underlying the trust relationship and considers how they relate to the modern day trust structure. Issues addressed include:
is the concept of the substratum of a trust still relevant?
mere, trust, general, special, hybrid and dispositive powers - what are they and why is the distinction important?
consideration of the fiduciary obligation of trustees
beneficiaries of a discretionary trust as discretionary objects - significance?
an overview of income for the purposes of Division 6 and its application for a modern trust structure.
Daniel is a Principal of Sladen Legal. He is a Law Institute of Victoria Accredited Specialist in Tax Law and holds a Master of Taxation. Daniel is the principal author of Trusts Structures Guide published by The Tax Institute and a regular presenter at industry conferences and workshops. Daniel primarily advises businesses and high net worth individuals in relation to business and investment structuring, trusts, succession planning and taxation law.
- Current at
26 February 2016
The Tax Institute is a Recognised Tax Agent Association (RTAA) under the Tax Agent Services Regulations 2009.
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