Life insurance funded testamentary trusts and superannuation death benefits

Course ID ID16004_WEP

  • Online
  • 2
  • Intermediate
  • 2 CPD POINTS

The income tax advantages of testamentary trusts are often overlooked, overstated or misunderstood.  The fact that they can only be funded out of assets that were the property of the will-maker at the time of death or paid into the will-maker’s deceased estate in consequence of death limits the ability to fund them.  This seminar looks at ways of maximising the taxation value of testamentary trusts.

Prior to purchase please see the information below for system requirements.

College of Law Alumni and Law Society Members receive a 10% discount on the price.

Price

Full Price $240.00

Alumni/Member Price $216.00

Dates

Start date:

01 April 2016

End date:

30 June 2017

About This Course

Outline

  • Life Insurance – The Parameters (1)
    • Forms of life insurance
    • Purposes of life insurance
    • Life insurance and income tax
    • CGT
    • Superannuation death benefits
    • Bankruptcy, and
    • Family provision claims.

  • Life Insurance – Estate Planning Drafting (2)
    • Life insurance paid into a deceased estate
    • Drafting considerations for testamentary trusts, life interests and protective trusts
    • Life insurance and superannuation
    • Funding a death benefits or reversionary pension
    • Funding a death benefits lump sum, and
    • Drafting a life insurance funded binding death benefits nomination.

Designed for

This seminar complies with the mandatory requirement of Substantive Law.

 

Presenter

Allan Swan
Laywer, Director and SMSF Specialist Advisor, Swan & Yii Pty Ltd

Throughout his working career, Allan has focused on the legal aspects of asset and wealth management for a diverse range of clients assisting them to achieve their personal objectives in respect of the wealth they own or control.  Allan's particular focus is working to pre-empt problems that may occur in the future, whether those problems might be taxation, business risk, family dispute or vulnerability.  Allan's role has been first as a legal practitioner and second as a presenter, trainer and author in his fields of practice.  Allan Swan works with clients and their accounting, financial advisors and legal practitioners relating to the legal aspects of asset and wealth management, namely:

  • asset protection
  • estate planning
  • ownership of funding
  • strategy
  • structuring
  • superannuation
  • tax, and
  • trusts.

Under the Estate Planning EQUATION banner, Allan also provides training and speaking services in the above areas, is a lecturer in the Master of Applied Law degree at the College of Law, an instructor for Leo Cussen Institute for Law and other professional associations and is also the author of the CCH on-line practitioner service, Australian Estate Planning. Allan holds degrees in Law and Economics from Monash University and a Diploma in Financial Services and has three specialist accreditations, namely:

  • Chartered Tax Adviser – TIA
  • Accredited SMSF specialist – SPAA, and
  • Trusts and Estate Practitioner – STEP.

Delivery

Please check the technical requirements for accessing this online  seminar contained here. 

Once registered we will send  you the access information you will need to log on to our Learning Portal from where you will be able to view the seminar.