12 March 2024 | 7:30 AM - 9:00 AM | 1.5 CPD hours
As users of trusts, we have been inundated in recent times with s100A, s99B and to a lesser extent Division 7A. Tax issues aside, trustees are under age old obligations to administer a trust in accordance with terms of the trust imposed upon them. This session is intended to cover important commercial considerations (and some tax ones) that should be taken into account in respect of the ongoing use of trusts:
- Asset protection (Richstar), family law (Spry) and payroll tax (Smeaton Grange) considerations
- What does it mean to consider beneficiaries (Owies) and what should distribution minutes look like; and
- Part IVA and distributions in discretionary trusts.
Speaker: John Ioannou, CTA, Macpherson Kelley