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0 reviewsISBN 10: 0409339482
ISBN 13: 978-0409339482
Author: Perkins Monahan
Trusts and estates practice has become increasingly recognised as an occupation within the legal, accounting, tax and financial services professions. Estate planning remains the strategic advisory component within this practice.
An essential resource for practitioners and students involved in trusts and estates practice, this easy-to-use, practical and comprehensive guide will enable you to understand and deliver effective estate planning services using the principles, precedents, practice points, case notes and discussion questions contained in this book.
This fourth edition includes :
The professional responsibility of estate practitioners engaged in estate planning.
The roles and practical boundaries of the varying professional disciplines in estates practice.
The impact of digital property in defining the extent of an estate including the recent recognition of Bitcoin as property by the Australian Taxation Office.
The significance of territorial connections of clients and the impact of fiscal transparency initiatives such as the Common Reporting Standard on managing estate administration of Australian located clients.
Updated legislation and case referencing with expanded examples of estate administration issues and discussion of initial planning responses
Part I: Essential Frameworks
Chapter 1 – Introduction to Estate Planning
Chapter 2 – Establishing and Managing the Engagement
Part II: The Legal Environment
Chapter 3 – Wills, Probate and Succession
Chapter 4 – Taxation of Estates
Chapter 5 – Property, Equity and Trusts
Chapter 6 – Contracts
Part III: Responses
Chapter 7 – Responding to Family Breakdown
Chapter 8 – Responding to Changes in Capacity and Cognition
Chapter 9 – Estate Planning in Action
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Tags: Perkins Monahan, Estate planning, practical guide, financial service
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