Family trust elections, trust losses and family change
Source: Victoria
Published Date: 4 May 2023
Family trust and interposed entity elections provide a method to deal with carry forward losses and franked distributions. However, making such elections with only short-term considerations in mind can create significant pain down the track. In this session, Daniel Smedley and Neil Brydges discussed the following:
- An overview of the trust loss provisions
- The who, what, why and how of family trust elections and interposed entity elections
- Family groups and how to approach blended families; and
- Adapting to change – revocation of FTEs and varying the test individual.
Individual Session
Details
- Published By: Neil Brydges CTA, Daniel Smedley CTA
- Published On:4 May 2023
- Event Name:VIC Tax Forum
- Session Name:Family trust elections, trust losses and family change
- Listen Time:1+ hour
- Took place at:Grand Hyatt Melbourne
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