Become a Member
Membership
Education
Events
Resources
Tax Knowledge Exchange
About us
Contact us
  2023 Property

Avoiding expensive mistakes– making a beneficiary entitled to real property

Published Date:

 

Sorry, this is subscriber only content.

If you're not yet a subscriber, to gain access to this material and much more - Subscribe Now.

Already a Subscriber? Login now

Subscribe Now

Already a Subscriber? Login now

Practitioners quite regularly encounter a client who wants to take ownership of property held in a discretionary trust. This occurs most commonly in succession planning exercises, land tax minimisation planning or beneficiaries wanting to go their own way following relationship breakdowns.

This session considers:

  • What is required to transfer property to a beneficiary
  • The need to address the relevant trust law and tax law
  • How accounts can support what is to be attempted
  • Whether section 99B must be considered; and
  • Other traps to be avoided.

Individual Session

Author(s): Linda Tapiolas CTA
Materials from this session:

Details

  • Took place at:MCEC Melbourne

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

2023 Property

Share this page