A tax expert is warning families could face a stealthy new “death tax” under proposed Australian Taxation Office changes targeting testamentary trusts.

When planning your estate, you should understand different trust options available, such as testamentary trusts and living trusts. A testamentary trust is created through a will and only becomes ...

This article explores the strategic use of this election, highlighting its potential to optimize tax outcomes for both trusts and beneficiaries while cautioning against its pitfalls.

One cannot handle the disposition of one's estate from the grave, but one can determine who will handle that disposition. The two basic ways to do so are by wills or trusts. The larger and more ...

Matthew Burgess, director of View Legal, said overall TD2026/D1 is a helpful summary of key rules in this area but in ...