With the number of family trusts in Australia presently reported to be about 928,000, an understanding of the nuances of their administration is a clear necessity. For much of the past this requirement has revolved around satisfying ATO requirements relating to the distribution of net income or its components and other tax considerations. While these remain, the interplay between these trust structures and the expectations of next generations of the controlling family are raising new challenges and different questions to be addressed by trust controllers and their advisors. The law with regard to these issues is evolving, primarily through decisions of the Courts as individual challenges are being made and determined.
During this session, our tax specialists, John and Daniel, will cover:
- Formalities for effective decision making
- Potential challenges by disgruntled beneficiaries
- Read the Deed issues
- Trust powers in the modern era
- Intergenerational planning; passing control of the family trust
- What should I do if I’ve lost my trust deed
Date
Thursday, 9 May 2024
1:00pm – 2:00pm
Venue
DW Fox Tucker Boardroom
L14, 96-100 King William St, Adelaide SA 5000
Cost
Please note that there is no charge for this event
Lunch will be provided
RSVP
Please register by Monday, 6 May 2024
RSVP to: events@dwft.au
We look forward to seeing you there.
