Show Notes
We're breaking all the rules to release an extra special podcast episode on The impact of the federal budget on testamentary discretionary trusts. Our TT Precedents Club members got this last week but now you can hear my insights about:
what we know about the impact of the proposed tax changes on TDTs
the gaps and where we still need clarity
what does this mean for testators who have died before the budget announcement but their TDT doesn't own any assets yet
should you still be recommending TDTs to clients?
do past clients need to update their TDT wills?
More from The Art of Estate Planning Podcast
Ever walked out of a client meeting and suddenly thought… “Oh no. I forgot to ask them THAT?”
Ever had a client ask for a “bloodline trust”, “protective trust” or some other impressively named structure and quietly wondered whether you’ve missed an entire area of trust law?
Did the Federal Court just reheat Richstar 20 years later?
Capital reserved testamentary trusts sound like the perfect compromise: let a spouse benefit from the income while preserving the underlying inheritance for the bloodline.
When a relationship breaks down, the family law issues understandably take centre stage.