Become a Member
Membership
Education
Events
Resources
Tax Knowledge Exchange
About us
Contact us
  Estate planning Succession Trusts

Estate planning - How has the dust settled after Kennon vs. Spry?

Source: Western Australia

Published Date: 13 Mar 2013

 

Sorry, this is subscriber only content.

If you're not yet a subscriber, to gain access to this material and much more - Subscribe Now.

Already a Subscriber? Login now

Subscribe Now

Already a Subscriber? Login now

Since the High Court decision in Kennon v Spry, there has been increasing concern among practitioners that the trust assets of their clients could be subject to Family Court attack. This paper focuses on the Family Court’s treatment of trusts to consider issues such as:

  • when do trusts become part of the pool of assets?
  • if not in the pool, will a trust be a financial resource? If it is a financial resource, what effect will it have on the outcome?
  • how does a parent structure their affairs to protect their children?
  • what do the more recent cases reveal?
  • what tax, structuring and estate planning issues should be considered?
Author(s)

Individual Session

Estate planning - How has the dust settled after Kennon vs. Spry?

Author(s): Matthew Burgess CTA , Tara Lucke FTI
Materials from this session:

Download

Details

The material is copyright. Apart any fair dealing for the purpose of private study, research criticism or review, as permitted under the copyright Act, no part may be reproduced by any process without written permission from The Tax Institute.

Unless expressly stated, opinions are not that of The Tax Institute, which accepts no responsibility for the accuracy of any of the information contained within it.

The Tax Institute
(ABN 45 008 392 372 (PRV14016))

("TTI")

The Tax Institute is a Recognised Tax Agent Association (RTAA) under the Tax Agent Services Regulations 2009. 

Copyright Statement

All materials provided on this site are protected by copyright and are owned by or licensed to TTI.

Except as expressly permitted by TTI or the copyright owner, any person or company who uses this site must not use, reproduce, redistribute, retransmit, publish or otherwise transfer, or commercially exploit, the materials or any information, software or other content, in whole or in part, which is available through this site.

Tags

Estate planning Succession Trusts 2013

Share this page