Published on 19 Aug 10
by NATIONAL DIVISION, THE TAX INSTITUTE
This paper covers:
- using multiple appointors and other inter-generational control mechanisms
- dealing with UPEs and 'at call' loans
- exercising a power of advancement to resolve conflicts
- other considerations
- family trust elections
- trust splitting
- changes to deeds and their effects on losses and pre-CGT status of trust assets.
This paper was also delivered at Trusts & Estates Club - Wills and Family Discretionary Trusts – A Nightmare Scenario for Some Clients? on 15 September 2010.
Tony Riordan, CTA, is a Tax Partner at Riordans Lawyers in Melbourne, a boutique commercial law firm. He has degrees in Law and Commerce and a Masters in Taxation Law from Melbourne University. His areas of practice include SME structuring, estate planning for high wealth individuals and transaction structuring.
- Current at
23 April 2014