Wills Seminar

Legalwise: 4th Annual Estate Planning Conference

Date: Tuesday, 26 February 2019
Time: 2pm to 5.15pm
Venue: Parmelia Hilton, 14 Mill Street, Perth

It’s an age old idiom that nothing is certain in life but death and taxes, and in the complex world of estate planning the two go hand in hand. Unlock the latest estate planning strategies regarding critical tax issues tied to death, dealing with a rapidly involving superannuation landscape, and deftly managing Division 7A issues and testamentary trusts. This diverse panel of experts will guide you to the results your clients expect in each of these areas and more, including dealing with blended families, vulnerable beneficiaries, foreign clients and assets, small businesses, and executor risks.

Advanced Estate Planning Techniques

2.00pm to 2.45pm Should You be the Executor of Your Client?

Examine practical matters and suggested solutions to allow you to make the best decision when considering whether to be your client’s executor, including:

  • Appointment of executor in a Will
  • Role and responsibility of an executor
  • Checklist of major estate issues to consider
  • Who is liable if it goes wrong?

2.45pm to 3.30pm The Practical Realities of Death: Small Businesses and Funerals

  • Keeping the business running after the business owner dies: dealing with companies and trusts
  • Executor vs family members: who should have control and why
  • Costs and payment for funeral, wake, burial plot and headstone expenses
  • Who should bear the costs and other considerations

3.30pm to 3.45pm  Afternoon Tea

3.45pm to 4.30pm

Effectively Managing Your Client’s Overseas Assets in Estate Planning: Tips and Traps

  • The risks and complexities of having assets in other jurisdictions
  • How to advise your clients about their assets in other jurisdictions
  • Is a Will executed in Western Australia effective in another jurisdiction?
  • What are the practical and taxation implications?
  • Just what exactly is the mysterious ‘International Will’?

4.30pm to 5.15pm Estate Planning and Incapacity: What Accountants Need to Know and Plan for

  • What’s your role as the accountant?
  • What can be done to help in the event of incapacity of your client?
  • Testing for incapacity: how to know when it’s time and factors to watch for
  • Damage control: what can be done for your client if it’s too late for incapacity planning

Presented by Claire Hawke-Gundill, Senior Associate, Kott Gunning Lawyers; Recommended Wills, Estates and Succession Planning Lawyer, Doyle’s Guide 2018

5.15pm  Closing Comments by the Chair

For more information and to register, please visit the Legalwise event web page.