This presentation covers some of the key tax issues to be considered in administering a testamentary trust. The session will include discussion of:
- Opportunities to split income in the final year of administration
- Receiving superannuation death benefits into a testamentary trust
- Taxation benefits for minor beneficiaries and their limitations
- Franking credits and family trust elections
- Land Tax surcharges; and
- Distribution of assets from the Testamentary Trust