Introduction to trust law presentation

Published on 13 Feb 08 by NEW SOUTH WALES DIVISION, THE TAX INSTITUTE

This presentation gives tax advisers an overview of trusts in the non-tax world to assist them in their "real" world of tax law. It is aimed at those who didn't really understand what they were taught about trusts and who still have gaps in their understanding of trusts. It is also very useful for those who simply want a refresher on basic trust law.

This presentation covers:

• the nature of a trust
• difference between trusts and other relationships and entities
• types of trusts
• creating and ending express trusts
• advantages and disadvantages of using trusts for business and investment
• purposes
• importance of distributions
• presently entitled
• absolutely entitled.

Author profile

Chris Ardagna CTA

Chris Ardagna, CTA, is a Partner at Pitcher Partners in Sydney specialising in all areas of taxation. He acts primarily for high-wealth individuals and large private groups, and has a particular focus on the property industry, advising clients on all aspects of property transactions, both in Australia and internationally. Chris also has expertise in dealing with the revenue authorities in terms of ruling applications, the conduct of audits, objections, litigation and settlement negotiations. Chris was previously a Partner at Brown Wright Stein Lawyers and a Director of Schurgott Noolan Ardagna. - Current at 02 August 2019

More by Chris ARDAGNA

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• Workshop 2: Succession planning and reorganisation of privately held groups – Questions & suggested solutions paper - 16-November-2017
• Unit trusts – The optimal vehicle for property acquisitions? paper - 27-February-2014
• Update on trust cases paper - 13-November-2012

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