Video Length: 01:17:25
Everyone will eventually pass away. Most of them will leave assets. Most individuals dealing with a deceased estate will have little or no experience doing it.
Primarily they will seek advice from a solicitor but in many instances they also need the input of an accountant. Most of us will rarely deal with deceased estates but we could all expect to have them as clients occasionally.
There is also some great planning that can revolve around minimising taxes whilst maintaining control of deceased estates.
This masterclass will examine the taxation of deceased estates, including recent legislative changes, rulings and court judgements pertaining to the same:
- Legal nature of deceased estates
- The various phases of existence for deceased estates
- Key income tax principles relevant to deceased estates
- Overview of the capital gains tax principles relevant to deceased estates
- Tax treatment of minor beneficiaries of deceased estates
- Moving assets around to and from deceased estates: Div 152 and other issues – tax position of related entities
- Tax of superannuation death benefits
- Business succession – tax issues in funding the transfer
- Taxation of testamentary trusts – splitting and merging testamentary trusts
Complete Tax CPD
(100% Online – 40 Hours CPD/Year)
As a practising accountant, we are required to complete a total of 120 hours of CPD per triennium. This equates to 40 hours of CPD per year…
As well as meeting your CPD requirements, you are required to stay abreast of tax developments so as to provide the best service you can to your clients, whether it be from tax updates or special topic training.
Our signature Complete Tax CPD Program addresses both requirements providing you with 40 hours of quality training every year to meet your annual CPD requirements easily.
Each year, you will receive a total of 40 hours of CPD through tax update webinars and tax masterclasses.