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?
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