2020 Private Business Online Series Part 3: Tackling trust losses

Published on 08 Jul 2020 | Took place at Online, National

It has become quite common practice to make family trust and interposed entity elections to deal with carry forward losses and franked distributions without considering the impact on the future of the group. Particularly in these turbulent times, advisers can be caught off guard on issues which can arise when these elections are made without foresight. This session considered how an incorrect decision or nomination of test individual could affect the options of the group in the future and how to deal with them.