This paper covers:
- planning for incapacity or death
- control of the assets
- practical issues for the professional executor
- joint tenants vs. tenants in common
- deceased estates and the distribution of assets
- income tax
- accounts
- present entitlement
- absolute entitlement and specific entitlement
- concessional tax rates
- equalisation/adjustment clauses
- capital gains tax
- CGT and the non-resident beneficiary
- main residence exemption
- losses " capital and revenue.