STEP Queensland are proud to annouce the program for their 2nd annual half day Trusts Intensive.

Highlights of the day will include:

Opening – Professor Tony Lee
Discussion regarding the recent request for the Queensland Law Reform Commission to review the Trusts Act 1973

Tedious and Titillating Trusts
Robert Whiteford, Barrister

Tedious: when there is a trust to pay “net income and profits” to A for life with remainder to B, what should the trustee regard as ‘net income and profits” and what should be regarded as capital?
Titillating: we all know that a killer forfeits an inheritance from the victim.  What role does the constructive trust play?

Taxation of Trusts – issues to consider when reviewing trust deeds
Richard Friend, Consultant in taxation matters and commerical matters

There has been a flurry of activity from lawyers suggesting that, following recent tax cases, clients’ trust deeds need to be urgently “reviewed”. But what are the key issues (other than fee generation) and why? Importantly, there is no one size fits all answer, particularly regarding income definitions. This session will address these issues together with other related trust deed matters.

Torn in Two: Conflicts arising from split personalities in the office of trustee
Andrew Fraser, Barrister

This topic will cover the conflicts that arise between trustees where there are multiple trustees appointed and trustees being in positions of conflict of interest between that position and their own personal interest or other duty.

For more information or register visit here

Will I see you there??