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Unravelling the trust cloning knot

Published on 01 May 08 by "TAXATION IN AUSTRALIA" JOURNAL ARTICLE

Since 2004 trust cloning has been viewed as an essential tool for estate planning, managing family breakups and asset protection. However, since TR 2006/4 was issued, its once bright future has dimmed. The ATO’s position has hardened and either conflict or the demise of trust cloning loom large. Are the obstacles to trust cloning real or imaginary? Is a test case the only solution or is there another way out of the mess?

Author profile:

Graeme Halperin CTA
Graeme Halperin, CTA, of Halperin and Co, is a Barrister and Solicitor specialising in taxation, trust, estate and commercial law with extensive experience in tax, trust, estate and commercial litigation and dispute resolution. Graeme has been a regular speaker for The Tax Institute for many years. He is a former Chairman of the Victorian Professional Development Committee, Melbourne Breakfast Club and State Convention Committee, and served two terms on the Victorian State Council. He has also been a member of the SME, State Revenue and Superannuation subcommittees. Graeme also participated in NTLG Trust subgroup discussions on the draft Bamford decision impact. Current at 04 August 2016 Click here to expand/collapse more articles by Graeme HALPERIN.
 
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