Live Webinar: Discretionary Trusts and Tax – Determining and Changing the Class of Beneficiaries


Date:  Thursday 16th August 2018 – Online:
Vic, NSW, Qld, ACT, Tas: 11am to 1pm
SA & NT:  10:30am to 12:30pm
WA: 9am to 11am 

A wide class of beneficiaries can create headaches, particularly with state taxes. This session looks at the issues with having too wide a class of beneficiaries in a discretionary trust.

  • How wide should the class of beneficiary be in a discretionary trust?
  • The importance of certainty in defining the class of beneficiaries
  • Should you narrow the class to just those intended to benefit?
  • Tax problems with wide class beneficiaries who live overseas
  • Payroll and stamp duty grouping problems if the class is too wide
  • Ensuring a simple way to add beneficiaries if required
  • Family trust elections and narrowing the class
  • Implications for the small business rollover
  • Disclaimers by beneficiaries – how do they work and can they help avoid unintended tax consequences?
  • Smeaton Grange Holdings Pty Ltd v Chief Commissioner of State Revenue [2016] NSWSC 1594
Our presenter

Edward Skilton, Special Counsel, Sladen Legal, Melbourne 

Edward has particular expertise in relation to the succession problems faced by high net worth individuals and private business owners, including issues relating to control of entities, a fair and equitable division of wealth, and resolving disputes between family members.

Edward brings a collaborative approach to solving client problems, often with other lawyers and in conjunction with the client’s accountant, financial adviser and banker. 

Edward also writes for professional publications and presents seminars for clients, lawyers and other professionals on the subject of how to structure estate and business succession plans to avoid disputes and protect assets for future generations.


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.


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.

If you need assistance or have an enquiry, please do not hesitate to contact our Webinar Coordinator, Lisa Tran on (03) 8601 7709 or email:

Attending a TEN webinar couldn’t be easier. Basically it’s just like attending a seminar except that you don’t have to leave the comfort of your office or home. You just need to be available at the appointed date and time with your computer and internet connection.

Once you’ve registered for the webinar, we send you a link so that you can login to the webinar from your computer. The speaker delivers the session from their computer in real time. Just like a live seminar, you can ask questions of the speaker. You simply type your question into the question box and the speaker responds to it during question time.
At the end of the webinar session we send you a certificate to confirm your attendance and the number of CPD hours you earned.

You will need a computer with sound, an internet connection and earphones if you need to participate in the webinar in an open office environment (so you don’t disrupt those around you).

Product Code: RBLAUG18
 Price:   $253.00 (Inclusive of GST)
© 2019 Television Education Network Pty Ltd. All rights reserved. The program for this webinar is copyright and may not be reproduced in any form without the prior written consent of the copyright owner.