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Recorded Webinars

Recorded Webinar: When the Deceased’s Liabilities Include a Division 7A Loan

Managing Division 7A loans during a person’s lifetime is tricky enough. So, spare a though for the executor that is faced with the challenge of dealing with Division 7A loans left behind by the deceased. This session explores the issues, including: Whether the executor “inherit
PRESENTED BY Edward Hennebry Special Counsel - Sladen Legal , Melbourne

Date/Time

About the Webinar

Managing Division 7A loans during a person’s lifetime is tricky enough. So, spare a though for the executor that is faced with the challenge of dealing with Division 7A loans left behind by the deceased. This session explores the issues, including:

  • Whether the executor “inherits” the obligations of complying with the Division 7A requirements
  • Can a deceased estate be assessed on a Division 7A deemed dividend? (ATO ID 2002/741)
  • Can the lending company write off the debt after death without any adverse tax implications applying?
  • What to do if the estate has insufficient funds to repay the loan
  • Does the ATO apply its discretion to disregard Division 7A deemed dividend issues when dealing with executors?
  • Dealing with:
    • timing issues when company financial statements uncover Division 7A issues that surface after granting of probate
    • tax implications for loans by the deceased that don’t exceed the company’s distributable surplus
  • Practical tips for managing Division 7A issues in a deceased estate
  • Case study

Presented By

Edward Hennebry
Special Counsel, Sladen Legal Melbourne, Vic.

Edward works in the Business Law team at Sladen Legal, with a core focus on providing federal tax advice to small and medium businesses.

Edward commenced his career as a graduate in the ATO and then as a lawyer within the ATO’s Tax Counsel Network and Review and Dispute Resolution business lines. Since leaving the ATO, Edward has worked in a number of large accounting and national law firms, enabling him to diversify his knowledge of prevalent tax and commercial issues that affect private clients and family groups across a wide range of industries.

In 2024, Edward was recognised by the Tax Institute of Australia as a “Tax Trailblazer” in Victoria. Edward has also been listed in the “Ones to Watch” categories for Tax Law and Commercial Law in the 2025 and 2026 editions of The Best Lawyers® in Australia.

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]

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