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Succession planning: Demystifying buy sell agreements paper
Published on 15 Aug 08 by VICTORIAN DIVISION, THE TAX INSTITUTE
This paper covers:
- what are buy sell agreements and when are they needed?
- which model to use
- the triggering events
- CGT issues
- how to make the project quick and simple
- traps to avoid.
Author profile
Paul Hockridge CTA
Paul Hockridge, CTA, is the Principal of Hockridge Advisory. He has worked for the ATO, a large law firm, has been a partner in medium and Big 4 chartered accounting firms and has over 30 years’ experience in tax, asset protection, estate and succession planning. Paul’s niches include litigation support, property development and FBT and salary packaging. Paul specialises in advising high wealth families and closely held businesses, as well as providing support for a number of accounting and law firms. Paul maintains a practicing certificate as a legal practitioner in Victoria, is a fellow of Chartered Accountants Australian and New Zealand, is senior fellow and teaches in the Masters program in the Law School at the University of Melbourne and is a chartered tax adviser. He sits on The Tax Institute’s FBT and Employment Taxes Committee and was an original contributor to The Tax Institute’s book, Estate and Business Succession Planning. Perhaps Paul is best known as a regular presenter at local, State and National Tax Institute conferences.
- Current at
10 December 2024
This was presented at Hot Issues for Succession Planning .
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Overview of estate planning
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Succession planning: Some taxation issues to consider
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Succession planning: Charitable gifts
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Testamentary trusts
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Succession planning: Superannuation and death
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Key issues in business succession planning
Author(s): Craig HOLLANDMaterials from this session:
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Passing control of family trusts
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Succession planning: Demystifying buy sell agreements
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