The decision in Thomas and Naaz started alarm bells ringing for medical and allied health practices and their advisers. Some practices are structured so that each practitioner provides medical services to their patients, and the practitioner then receives administration services from a separate service entity.
The ATO has set its sights on distributions of trust income to adult children.
In this edition of ‘It depends’, senior associate Steven Jell talks about using a company as the appointor of your family trust.
In this edition of ‘It depends’, senior associate Keeghan Silcock talks about whether your trust deed needs to be updated.
In this edition of ‘It depends’, senior associate Steven Jell talks about setting up a testamentary trust.
In this edition of ‘It depends’, senior associate Keeghan Silcock talks about whether you can use a trust cloning strategy as a way to transfer assets between two trusts without duty or, potentially, CGT.
In this edition of ‘It depends’, lawyer Sacha Robinson talks about whether your family trust deed needs to be stamped.
In this edition of ‘It depends’, lawyer Sacha Robinson talks about whether the trustee for your family trust should be a company.
In this edition of ‘It depends’, associate Keeghan Silcock talks about whether you might need a fixed unit trust or a standard unit trust.
In this edition of ‘It depends’, senior associate Steven Jell talks about what happens to an SMSF when a trustee and member dies.
In this edition of ‘It depends’, partner Scott Hay-Bartlem talks about when a trust ends or vests.
In this edition of ‘It depends’, lawyer Sacha Robinson talks about why you should sign multiple copies of your trust deed.