CPD 1.5 hours On Demand Course Online

Family Trust Elections

A family discretionary trust offers flexibility. This session explores when to make a Family Trust Election, its long-term impact, recent ATO focus, and the pros and cons of an Interposed Entity Election.

Free For Members

non-member : $140.91

Description

A family discretionary trust can be an effective and flexible structure when used appropriately. One important mechanism to optimise its benefits is the Family Trust Election (FTE). This session provides participants with a practical understanding of when an FTE is required, when it may be unnecessary, and the potential long-term implications of making such an election—particularly in light of recent ATO activity. It also examines the rationale for and against making an Interposed Entity Election (IEE), equipping participants to navigate the strategic considerations involved in these decisions.

Learning outcomes:

Upon successful completion of this session, learners will be able to:
  • Explain the key reasons a trust may choose to make a Family Trust Election (FTE).
  • Demonstrate an understanding of the negative consequences of making a FTE
  • Evaluate the costs and benefits of making an Interposed Entity Election (IEE).
  • Demonstrate an understanding of the negative consequences that may result from an FTE in light of recent ATO activity
 

This session forms part of the Special Tax Topics series. These detailed sessions have been specifically designed for an online platform to ensure training is informative, immersive and engaging. These sessions will:
• Ensure you get the critical knowledge you need while minimising your time out of the office. 
• Assist you in providing proactive tax and superannuation advice and identifying tax planning opportunities early
• Help you avoid any possible traps and pitfalls
• Give you answers to the questions most relevant to you

Our partnership with Thomson Reuters gives you the most up-to-date information, updated regularly and enhanced by our technical specialists.

Continuing Professional Development Hours
All sessions covered in our Special Tax Topics Series constitute verifiable CPD for CA ANZ and is likely to the Tax Practitioners Board's CPD requirements.

FULL SERIES PER SESSION
CA ANZ Up to 44 CPD hours Up to 1.5 CPD hours
Tax Practitioners Board Up to 44 CPD hours Up to 1.5 CPD hours


Related packages
Looking for more? Our Essential Tax Updates perfectly complement these special topic sessions. 

 


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