2018: The biggest year in estate planning in a generation
Source: Taxation In Australia Journal Article
Published Date: 1 Dec 2018
In light of ongoing changes to the taxation regime and the expanding wealth of Australia's ageing population, there has for many years been a growing need for estate planning to utilise appropriate structuring. Estate planning related areas have largely been outliers from radical simultaneous rule overhauls " indeed, the framework of the specifi c relevant laws have stayed largely unchanged for over 30 years. However, 2018 will likely be seen as an exception to this position, at least in recent years. Indeed, arguably, 2018 has seen more changes in key estate planning areas in a single year than each of the previous 30 years combined. With the post-baby boomer intergenerational wealth transfer wave gathering pace, it is argued that the 2018 changes mean that it is critical for tax and estate planning advisers to fully understand the impact of the changes and invest to monitor their ongoing impact.
Sorry, this is subscriber only content.
To gain access to this material and much more - Subscribe Now.
(Note: Members can access Taxation in Australia journal articles without a Tax Knowledge Exchange subscription - please log in to access).
Already a Subscriber? Login now
Details
- Published By: Matthew Burgess CTA
- Published On:1 Dec 2018
The material is copyright. Apart any fair dealing for the purpose of private study, research criticism or review, as permitted under the copyright Act, no part may be reproduced by any process without written permission from The Tax Institute.
Unless expressly stated, opinions are not that of The Tax Institute, which accepts no responsibility for the accuracy of any of the information contained within it.
The Tax Institute
(ABN 45 008 392 372 (PRV14016))
("TTI")
The Tax Institute is a Recognised Tax Agent Association (RTAA) under the Tax Agent Services Regulations 2009.
Copyright Statement
All materials provided on this site are protected by copyright and are owned by or licensed to TTI.
Except as expressly permitted by TTI or the copyright owner, any person or company who uses this site must not use, reproduce, redistribute, retransmit, publish or otherwise transfer, or commercially exploit, the materials or any information, software or other content, in whole or in part, which is available through this site.
Tags
Share this page