Family trust and interposed entity elections can unlock major tax advantages, but those benefits can quickly unravel if the elections aren’t carefully monitored or are made unnecessarily. With the ATO ramping up reviews and issuing unexpected family trust distribution tax assessments, it’s clear these elections are no longer a low-risk strategy. This session explores how once-beneficial elections can lead to harsh tax outcomes, and what you can do about it. Topics include:
Family trust and interposed entity elections can unlock major tax advantages, but those benefits can quickly unravel if the elections aren’t carefully monitored or are made unnecessarily. With the ATO ramping up reviews and issuing unexpected family trust distribution tax assessments, it’s clear these elections are no longer a low-risk strategy. This session explores how once-beneficial elections can lead to harsh tax outcomes, and what you can do about it. Topics include:
Generative AI is rapidly becoming part of legal drafting workflows, from first drafts to litigation documents. But as courts issue new directives and risks emerge around confidentiality, hallucinated content, and ethical boundaries, practitioners must tread carefully. This session explores how lawyers can harness the efficiency of AI drafting tools while remaining compliant with evolving professional, ethical, and judicial expectations. Topics include:
Generative AI is rapidly becoming part of legal drafting workflows, from first drafts to litigation documents. But as courts issue new directives and risks emerge around confidentiality, hallucinated content, and ethical boundaries, practitioners must tread carefully. This session explores how lawyers can harness the efficiency of AI drafting tools while remaining compliant with evolving professional, ethical, and judicial expectations. Topics include:
Old trust deeds often fall short of modern drafting standards, lack essential powers, or simply can’t be located — creating significant hurdles in the estate planning process. This practical session examines common issues arising from outdated trust instruments and offers strategies to resolve or work around them to ensure the trust remains a useful and compliant estate planning vehicle. It covers:
Old trust deeds often fall short of modern drafting standards, lack essential powers, or simply can’t be located — creating significant hurdles in the estate planning process. This practical session examines common issues arising from outdated trust instruments and offers strategies to resolve or work around them to ensure the trust remains a useful and compliant estate planning vehicle. It covers:
It's part of public practice that clients may come and go for a variety of reasons. This session explores the ethical considerations when a practitioner may wish to accept or decline an approach from a prospective new client, or determine that it may be best if an existing client engagement come to an end, including:
It's part of public practice that clients may come and go for a variety of reasons. This session explores the ethical considerations when a practitioner may wish to accept or decline an approach from a prospective new client, or determine that it may be best if an existing client engagement come to an end, including:
The High Court’s decision in Elisha v Vision Australia Ltd [2024] HCA 50 has reshaped the legal landscape surrounding employer responsibilities in disciplinary procedures. The case serves as a stark reminder that breaching contractual disciplinary procedures can result in significant liability, with the Court awarding $1.44 million in damages for psychiatric injury. Employers must now be more vigilant in ensuring procedural fairness and adherence to employment contracts to mitigate risks.
The High Court’s decision in Elisha v Vision Australia Ltd [2024] HCA 50 has reshaped the legal landscape surrounding employer responsibilities in disciplinary procedures. The case serves as a stark reminder that breaching contractual disciplinary procedures can result in significant liability, with the Court awarding $1.44 million in damages for psychiatric injury. Employers must now be more vigilant in ensuring procedural fairness and adherence to employment contracts to mitigate risks.