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  Miscellaneous 2005

Retrospective family trust elections

Source: New South Wales

Published Date: 26 Jul 2005

 

If you have a non-fixed trust, one of the ways you may need to deal with the problems that arise is through making a family trust election. This presentation addresses what the election is, when it is needed, and what the advantages and disadvantages of making the election are. The recent changes to the law to allow for these elections to be made retrospectively are also addressed, and the practical application of this change is critically evaluated. Matters covered include:

  • what are FTEs and IEEs?
  • what are they needed for?
  • why are there issues about retrospectivity?
  • if needed, when can they be made?
  • where are we now?
  • have all the problems been solved?

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Author(s)

Individual Session

Retrospective family trust elections

Author(s): Andrew Noolan CTA
Materials from this session:

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Details

  • Published By: Andrew Noolan CTA
  • Published On:26 Jul 2005
  • Event Name:Family Trust Elections
  • Session Name:Retrospective family trust elections
  • Read Time:3+ minutes
  • Took place at:The Menzies Hotel, Sydney

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