About the webinar
Proper drafting of a trust deed is crucial to ensure your clients are adequately protected and do not find themselves having to pay excessive tax. And older deeds contain some provisions which can trap you. This practical session looks at some of the provisions of trust deeds which can lead to unusual tax consequences. It includes:
- Drafting hot spots and problem areas:
- powers, capital and income
- financial issues
- personal interests and liabilities
- appointment and removal
- notional settlor provisions
- streaming provisions – express streaming power and streaming where the deed is silent
- exclusions under the Trustee Act
- Amending the trust deed – what powers exist to amend and avoiding tax problems after amendment
- 10 step checklist – ensuring you have ticked the boxes
Who should attend
This webinar is suitable for accountants and lawyers advising in taxation matters – Australia wide. This webinar is for practitioners with some knowledge in this area and looking to improve their knowledge.
Tara Lucke, Director of Advisor Solutions, View Legal, Brisbane
Tara is a co-founder of the specialist law firm, View Legal Pty Ltd.
As the director of Adviser Services, Tara is responsible for the View Wholesale solutions, managing a team of lawyers and paralegals to deliver high quality legal solutions to accountants, financial advisers and other lawyers with price certainty.
Her favourite aspect of being part of View Legal is working collaboratively with advisers to help them provide effective and appropriate solutions for tax planning, estate and business succession planning, and asset protection.
One of her daily goals is to deliver legal solutions in a way that empowers advisers to use the legal process to strengthen and build their relationship with their clients.
She is passionate about exploring innovations in the legal industry, particularly in relation to using technology and value pricing to provide quality solutions and price certainty for advisers and their clients.
Tara is a fellow of The Tax Institute and has been published in Australia’s leading monthly tax journal, The Tax Institute’s Taxation in Australia and the leading weekly tax journal, Thomson Reuters’ Weekly Tax Bulletin.
Live webinar delegates will receive a CPD certificate for attendance at this webinar. Accountants can claim up to 2 CPD/Training hours. Lawyers can claim up to 2 CPD [CLE] units/points – substantive law. This webinar has been designed to run for 2 hours, however, webinar lengths can vary depending on the level of questions and discussion, and the minimum length of the webinar is 1.5 hours.