Close
My Cart (0 items)
Checkout

Login to TEN

Privacy Policy
Privacy Policy
Return
My Cart (0 items)
Checkout
106109
Recorded Webinars

Recorded Webinar: Trusts And Asset Revaluation Reserves: The Impact on the Estate Plan

Since the ATO first issued its draft guidance material on section 100A early in 2022, tax advisers have had to come to grips with the realisation that the world of trust distributions has significantly changed. With the ATO finalising its guidance material, now is the time to take
PRESENTED BY Brian Hor Principal - WillWorks Pty Ltd , Sydney

Date/Time

About the Webinar

Since the ATO first issued its draft guidance material on section 100A early in 2022, tax advisers have had to come to grips with the realisation that the world of trust distributions has significantly changed. With the ATO finalising its guidance material, now is the time to take stock to ensure that future trust distributions can stand up to ATO scrutiny. This session is designed to assist, including:

  • Identifying exclusions under “ordinary family or commercial dealing”, including:
    • the core test
    • factors that may lead to failing the test
  • The ATO’s compliance approach (PCG 2022/2), including where it may be important to:
    • pay present entitlements within 2 years
    • place entitlements on commercial terms
  • Dealing with distributions that involve:
    • adult children
    • loss company or loss trust beneficiaries
    • bucket companies
  • Can the commercial debt forgiveness rules have implications with section 100A?
  • How record keeping requirements have changed for trust distributions
  • Consequences of falling foul of section 100A
  • Lessons from recent cases
  • Practical case studies

Presented By

Brian Hor
Principal, WillWorks Pty Ltd Sydney, NSW

Brian Hor is an Expert Wills & Estate Planning Lawyer, and is the Principal of specialist firm WillWorks Pty Ltd. He specialises in taxation law, trusts, superannuation and estate planning. Brian's extensive experience of more than 36 years includes ten years as Special Counsel (Superannuation & Estate Planning) with Townsends Lawyers and three years as a Partner with PwC and establishing their estate planning practice nationally. Brian has also served on ATO and FPA technical committees, and was Chairman of the FPA Tax Subcommittee and Member of the FPA Public Policy Committee for 7 years.

Brian has authored numerous taxation and estate planning articles and contributed extensively to CCH, LexisNexis and other online professional publications. Brian has also presented at numerous professional seminars and webinars including for The Taxation Institute, the FPA, Television Education Network, LexisNexis, NSW State Legal Conferences, and The College of Law. Brian has also been interviewed by the Sydney Morning Herald, the Australian Financial Review, and has appeared several times on live TV as an expert guest on Sky News Business and on the Studio 10 morning talk show.

Who Should Attend?

This webinar is suitable for lawyers and accountants throughout Australia who advise in estate planning matters. This webinar is for practitioners with some knowledge in this area and looking to improve their knowledge.

CPD Information

Accountants can claim up to 1 CPD hour. Lawyers can claim up to 1 CPD unit/point – substantive law. This webinar has been designed to run for 1 hour, however, webinar lengths can vary depending on the level of questions and discussion.

WA lawyers – Please note that TEN is unable to verify your completion of recorded webinars to the Legal Practice Board of WA. TEN is an accredited provider.

While TEN takes all reasonable care to include accurate and up-to-date information regarding CPD category classifications and compliance obligations, information regarding CPD point allocation are provided as a guide only. Allocation of CPD points is subject to the CPD requirements of your jurisdiction, personal circumstances and professional requirements. You are solely responsible for determining whether a particular product is appropriate for your CPD requirements.

Enquiries/Assistance

If you need assistance or have an enquiry, please do not hesitate to contact our Webinar Coordinator, Lisa Tran on (03) 8601 7709 or email: [email protected]

Go to top