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Two or three things about trust deeds paper
Published on 28 Apr 08 by QUEENSLAND DIVISION, THE TAX INSTITUTE
This paper covers:
- trust deeds - do they need default beneficiaries?
- do default beneficiary clauses work?
- defining classes of beneficiaries for flexibility
- disclaiming a benefit after Pearson and Ramsden
- defining income in the trust deed after Cajkusic.
Author profiles
David Marschke CTA
David is a specialist tax and legal adviser who acts for listed and private corporate groups, and their owners, in all areas of tax and related law including GST and state taxes. David has been involved in a wide range M&A transactions assisting listed and unlisted entities and has significant expertise dealing with tax effective business restructures and exits. He is a specialist adviser on trust law and taxation of trusts including MITs. David recently founded dbm horizons as a boutique legal, tax and consulting firm. Prior to founding dbm horizons David was a tax partner at national law firm.
In addition, David has significant experience assisting taxpayers and their advisers in dispute matters including tax reviews, audits and complex tax negotiations, and settlements with the ATO and the State revenue offices.
David is a Legal Practitioner, Registered Tax Agent, Chartered Tax Adviser and is a member of Chartered Accountants Australia and New Zealand.
- Current at
11 July 2018
David Marks KC CTA
David Marks KC, CTA is a commercial Silk at the Queensland Bar practising principally in tax. He has a broader practice in commercial litigation, trusts and estates, and administrative law. He contributes to the life of the profession through his committee work for The Tax Institute and other professional bodies. He is a Chartered Tax Adviser and a registered Trust and Estates Practitioner. He received The Tax Institute’s Meritorious Service Award in 2013, and is on TTI’s Editorial Board. David also serves on the disciplinary panel of an international practitioner association. - Current at 10 July 2023
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Two or three things about trust deeds
Author(s): David MARSCHKE, David W MARKSMaterials from this session:
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Small business CGT concessions
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The end game – Extracting value
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Current issues in investing via an SMSF - instalment warrants and private unit trusts
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GST and integrated developments
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Intergenerational transfer of businesses
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