With the client bases of many practitioners ageing, the complexities of asset holdings and family arrangements increasing, and the highest ever intergenerational wealth transfers now occurring, practitioners need to invest time in developing an understanding of the taxation of deceased estates.
This is an emerging market and opportunity for many, but equally one that has seen an unprecedented growth in litigation. It therefore presents risks and tax nuances that practitioners must manage and be alert to.
This year's technical program addressed a range of topical content including the administration of estates, administering an SMSF on death, a deep dive into international issues for deceased estates, testamentary trusts, plus much more.