• When can a capital gain from a testamentary gift of property be disregarded?
• What is the relevance of the $5,000 threshold for gifts?
• When will CGT event K3 apply to the transfer in specie of a CGT asset owned by the deceased to a tax advantaged or tax exempt entity?
• Will CGT event K3 apply to a CGT asset passing to a private ancillary fund established under a will? (ATO ID 2004/458)
• Why the timing of share sales in an estate can make a difference to the tax outcome when beneficiaries include charitable organizations
• What are the ATO requirements to set up and administer a private ancillary fund on death?
• Can an SMSF be utilised to fund tax effective charitable gifts on death?
• Practical examples comparing tax effect of gifting various in specie CGT asset types versus selling and gifting cash

Raymond Lim, Solicitor-Director, TEP Legal, Sydney, NSW

Raymond Lim is a Solicitor Director with TEP Legal, he specialises in death and taxes – estate planning, business succession planning and taxation law.

Raymond holds qualifications in accounting, finance and law and is a member of the Institute of Chartered Accountants. He qualifies both as solicitor and chartered accountant and is a former taxation adviser at Ernst & Young, Sydney.

Raymond is an experienced presenter for Television Education Network and conducts in-house education sessions on estate planning and taxation law. Raymond is also the author for LexisNexis Practical Legal Guide “Costs and Taxes” as well as being the author of papers in technical journals such as Financial Planning and Money Management.

This webinar is suitable for lawyers and accountants throughout Australia who advise in estate planning matters. This webinar is for practitioners with some knowledge in this area and looking to improve their knowledge.

Accountants can claim up to 1 CPD/Training hour. Lawyers can claim up to 1 CPD unit/point – substantive law. This webinar has been designed to run for 1 hour, however, webinar lengths can vary depending on the level of questions and discussion.

WA lawyers – Please note that TEN is unable to verify your completion of recorded webinars to the Legal Practice Board of WA. TEN is an accredited provider.