Published on 18 Mar 15
by NATIONAL DIVISION, THE TAX INSTITUTE
This paper covers:
practical issues for the professional executor
death & the will
securing the assets
probate, collection of assets & paying debts
joint tenants vs. tenants in common
deceased estate, income tax obligations and the distribution of assets
absolute entitlement and specific entitlement
concessional tax rates
capital gains tax
main residence exemption
losses - capital and revenue
family provision claims
Division 7A issues
discretionary testamentary trusts
Loreena Gillon CTA
Loreena operates a Chartered Accounting firm in West Perth, and has done so for the past 18 years. Her practice has a client base of predominantly professionals including medical practitioners, solicitors, engineers and architects, all of whom operate through various structures, including Self Managed Superannuation Funds. Prior to establishing her practice, Loreena worked for accounting firms in the business services area. Loreena currently sits on the WA State Convention Committee and WA State Council and is a regular presenter for The Tax Institute. Current at 10 July 2015
The Tax Institute is a Recognised Tax Agent Association (RTAA) under the Tax Agent Services Regulations 2009.
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