2023 Deceased estates

Deceased estates – Taxation nirvana or Frankenstein’s monster?

Published Date: 5 Sep 2023

 

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It has famously been said that nothing is certain except death and taxes. Death opens the door to many tax concessions. However, the interaction between taxation law (and lore) and deceased estates is complex and often poorly understood. Getting it wrong can turn what could have been taxation nirvana into some kind of monster – all while dealing with grieving families.

This session covers taxation issues around:

  • Present entitlement and who pays the tax
  • Residency of the estate and foreign resident beneficiaries
  • The main residence exemption; and
  • Specific legacies and life and remainder interests.

Details

  • Published By: Ian Raspin
  • Published On:5 Sep 2023
  • Took place at:MCEC Melbourne

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