Published on 21 Oct 06
by TASMANIAN DIVISION, THE TAX INSTITUTE
As clients continue to adopt more sophisticated structures for business and investment, greater planning is required in order to ensure that a client’s estate and succession planning objectives are met. This paper considers some of the opportunities and traps that arise with trust structures in a succession planning context including:
- are people whom we think are beneficiaries really beneficiaries?
- the role of the appointor/guardian/supervisor in passing control to the next generation
- testamentary trusts - some key issues
- ownership of main residence and tax implications of occupation rights
- trust cloning or splitting - what are they and what are the traps?
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
10 July 2017