shopping_cart

Your shopping cart is empty

A matter of trusts: Death and no testamentary trusts - is it too late for minor children?

Member Price: $22.00
Non Member Price: $28.00

DisclaimerThis material is copyright. Apart from any fair dealing for the purposes 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.

Published on 01 Feb 06 by "TAXATION IN AUSTRALIA" JOURNAL ARTICLE

Testamentary trusts are recommended by practitioners engaged in estate planning for asset protection reasons and also, in some part, for the concessional tax treatment afforded to income of the testamentary trust distributed to or applied for the benefit of beneficiaries under the age of 18 years (minor beneficiaries). This article looks beyond the use of testamentary trusts in estate planning and analyses opportunities that may or may not exist for concessional tax treatment to be afforded to income derived by minor beneficiaries from a trust estate that is not a testamentary trust (ie an inter vivos trust).

Author profile

John Ciardulli CTA
John is a Group Tax Manager for Becton Property Group. - Current at 01 March 2009
Click here to expand/collapse more articles by John CIARDULLI.

 

Copyright Statement