Flashback to the 1960s and 70s – Wealth structures and strategies and tax issues in in the twenty-first century paper

Published on 19 May 22

Dust off your platforms and flares and step back in time. Exploring the unique tax issues that have arisen since wealth structures were established in the 1960s and 70s, this paper will cover:

• Review of wealth structure – what worked then compared with what works now
• Review of 1960s and 70s trust deeds. What are the main issues?
• Can I amend the trust deed, eg through the addition of beneficiaries, streaming provisions and change to the vesting date? Have I resettled the trust?
• Maintaining the structure in the twenty-first century – preserving pre-CGT status of assets, family trust elections, the effect of CGT event K6 etc
• When to pull the pin – some winding-up strategies and associated taxation issues

Author profile

Andy MILIDONI

Andy is a Solicitor at Hall & Wilcox Lawyers.
Current at March 2004

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