Published on 27 Aug 15
by QUEENSLAND DIVISION, THE TAX INSTITUTE
This paper covers:
- the need for proper succession planning
- transferring assets or the control of assets
- family issues and the role of the adviser
- managing income tax, capital gains tax and stamp duty through the use of concessions
- payment options and related party debt
- developing a family succession plan.
Peter is a Consultant at McCullough Robertson, having been a partner with the firm from July 1986 to December 2011. His practice focuses on tax and commercial law with an emphasis on estate planning, taxation, tax planning, business structuring, business succession and family business intergenerational transfer. He is also the Founder of Transition Planning Australia, which helps business owners, professionals and others plan the transition from business or full-time work to the next phase of their lives. Its programs help to develop work-life balance at all stages of a career. TPA’s belief is that everyone is entitled to a happy and healthy life both during and after full-time work. Peter has degrees in Commerce and Law (with Honours) from the University of Queensland.
- Current at
12 July 2018
Brian of Richards Advisory has specialised in providing taxation advice to accounting and legal practitioners in respect of a wide range of business clients for approximately 40 years. His particular taxation specialty areas include business restructuring, intellectual property transactions, CGT issues and tax planning matters. As a taxation specialist, Brian has extensive academic and other lecturing experience.
- Current at
04 January 2018
Kate works alongside accountants and other advisors to provide comprehensive tax structuring advice in relation to trusts, business and personal succession and structuring. She can advise on commercial and tax issues including: - business acquisitions - taxation, stamp duty, revenue and capital gains tax consequences of transactions - wealth protection strategies, and - implementing sophisticated, tax effective business structuring and succession strategies. Kate also has experience in advising clients in a range of areas including: - preparing effective wills and estate plans for intergenerational asset protection and transfer - superannuation management and distribution - preparing insurance funded buy sell deeds and stakeholder agreements - establishing companies and trusts, and - asset protection strategies. Qualifications: Bachelor of Laws - Bond University and Bachelor of Social Science (Psychology) - Bond University Admissions: Solicitor - Supreme Court of Queensland and High Court of Australia Memberships: Queensland Law Society and The Tax Institute
- Current at
14 September 2015