recorded webinars - view legal · 2018. 5. 24. · recorded webinars testamentary trusts: key...

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Recorded webinars

ARE YOU READY FOR 30 JUNE?

This 90 minute presentation specifically addresses:

1. ATO requirements for trustee distribution resolutions2. Critical trust deed clauses to review when preparing distribution

resolutions3. Strategies for distributing to corporate beneficiaries4. Division 7A and UPE planning

TESTAMENTARY TRUSTS – THE FUNDAMENTALS


1. Testamentary trusts and bankruptcy2. Testamentary trusts and the family court3. Overview of the taxation of testamentary trusts4. Protective trusts and other types of special testamentary trusts5. Practical considerations for testamentary trusts

SUPERANNUATION AND ESTATE PLANNING

This 60 minute presentation provides an insight into a range of issues including:

1. Recent cases regarding death benefit nominations2. Strategies for death benefit nominations, reversionary pensions

and superannuation wills3. Managing insurance proceeds in superannuation4. Approaches for aligning superannuation entitlements with wider

estate plans

ESTATE PLANNING AND ASSET PROTECTION

This 90 minute presentation focusses on estate planning issues that need to be considered to ensure assets are protected from family disputes, including spendthrift beneficiaries and creditors, including:

1. Asset protection strategies that can be implemented during a willmaker’s lifetime

2. The flow-through effect of those strategies under an estate plan3. The latest asset protection strategies in family law situations

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Recorded webinars

FAILED TRUST DISTRIBUTIONS

The range of issues that can potentially undermine the intentions of a trustee when attempting to make trust distributions is almost limitless.

This presentation methodically addresses all of the key scenarios that may see purported distributions fail, including:

1. Understanding the way in which beneficiaries are defined2. Notional settlor implications3. Trust to trust distributions and perpetuity rules4. Implications of failed distributions

ESTATE PLANNING – WHAT’S NEW IN 2014

This 60 minute presentation provides an insight into new developments in estate planning in 2014, including legislative changes, latest cases and new strategic approaches.

EVERYTHING YOU NEED TO KNOW ABOUT TRUST SPLITTING AND TRUST CLONING


1. How does trust cloning work2. How does trust splitting work3. What tax and stamp duty exemptions are available4. Latest developments and planning opportunities5. Practical issues surrounding tax returns, tax file numbers and GST

registration6. Case studies explaining how trust cloning or splitting can be

utilised to achieve a client’s asset protection and succession objectives

RESTRUCTURING BUSINESSES FOR ASSET PROTECTION AND SUCCESSION

The seminar centered around the provided case study, and specifically focused on:

1. the asset protection, tax and commercial issues with the structure in the case study

2. Our restructure recommendations for achieving optimal asset protection and tax effectiveness, utilising• specific capital gains tax roll-overs and Division 152

concessions• stamp duty corporate reconstruction relief• tax consolidated groups




Recorded webinars

TESTAMENTARY TRUSTS: KEY REVENUE ISSUES


1. Distributions from testamentary trusts, including:• distributions to minor beneficiaries• external accretions to testamentary trusts after death• the treatment of capital gains

2. Implications of holding a main residence in a testamentary trust3. The transfer of assets from:

• the will maker to the LPR• the LPR to the testamentary trust• the testamentary trust to a beneficiary during the term of the

trust and on vesting

HOW TO ACCESS MARKET LEADING ADVICE …. FOR LESS THAN $1 A WEEK

The webinar was facilitated by legendary entrepreneur Paul Dunn, Chairman of B1G1 – Business for Good. With Paul, View directors Matthew Burgess and Tara Lucke, explored the key themes in the revolution of professional service advice, including how advisers can best leverage the ‘VIP platform’.

The VIP (View Intellectual Property) platform is a subscription service that, for the first time, creates access to high quality legal advice at exceptional value on a wholesale basis to accountants, financial planners and lawyers Australia wide.

The platform has been built around market feedback and includes a number of features available exclusively to subscribers.

SUPERANNUATION AND ESTATE PLANNING MASTER CLASS

This 90 minute presentation focused on estate planning issues that need to be considered to ensure assets are protected from family disputes, including spendthrift beneficiaries and creditors, including:

1. Recent cases regarding death benefit nominations2. Strategies for death benefit nominations, reversionary pensions

and superannuation wills3. Approaches for aligning superannuation entitlements with wider

estate plans4. The impact of adjacent areas of the law including enduring

powers of attorney, marriage breakdowns and the ‘notional estate’ provisions that can apply where wills are challenged




Recorded webinars

THE RINEHART DECISION EXPLAINED – ESTATE PLANNING 101 AND OTHER LESSONS

The decision in Hancock v Rinehart [2015] NSWSC 646, highlights how any estate planning and business succession exercise can potentially result in years of protracted litigation, and the complete breakdown in family relationships.

This webinar provided practical insights into the estate planning process by methodically tracing the Rinehart matter. The webinar covered:

1. Lang hancock’s will and estate planning strategies2. The tax office private rulings obtained by gina rinehart3. The impact of trust vesting dates and trusteeship4. The recent decision to hand bianca rinehart control of the ‘hope margaret hancock trust’ and a $5 billion asset5. The roles and responsibilities of professional advisers providing tax and estate planning advice

ROLLOVERS AND CORPORATE RECONSTRUCTIONS

This interactive presentation centered around a particular case study, and:

1. Considers the asset protection, tax and commercial issues with the structure in the case study

2. Provides specific restructure recommendations for achieving optimal asset protection and tax effectiveness

3. Analyses specific capital gains tax roll-overs and Division 152 concessions

4. Explores the way in which stamp duty corporate reconstruction relief can assist

5. Discusses the use of tax consolidated groups in the SME environment

TESTAMENTARY TRUSTS BESPOKE PLANNING OPPORTUNITIES

The ongoing evolution of all aspects of estate planning has increasingly seen more creative uses of testamentary trusts. This presentation explored a range of planning opportunities for testamentary trusts including:

1. Planning in relation to assets that do not otherwise form part of a will maker’s estate

2. Tax treatment of each asset class owned via a testamentary trust3. The attitude of the Australian Taxation Office towards

testamentary trusts and various planning strategies4. Testamentary trust cloning and splitting5. Bespoke company constitutions and fettering of a trustee’s

discretion6. Changing the domicile of a testamentary trust




Recorded webinars

I’M A CELEBRITY GET ME OUT OF HERE – ESTATE PLANNING HORROR STORIES OF THE RICH AND FAMOUS

There are a myriad of estate planning issues to consider using examples from celebrity estate planning failures. Insights from practical unsuccessful use of estate planning tools by celebrities in their estate planning.

Case studies included:

1. Michael Hutchence’s international gift and loan back arrangement2. The Reinhart Family and trust vesting tips3. Dame Elizabeth Murdoch’s life lessons4. Winston Churchill and keeping it simple5. The Lew Family and ‘outlaw’ planning6. Ken Talbot and the use of memorandums of directions7. Michael Wright and the $250K diamond encrusted bass guitar

BUST PROOFING TRUSTS

Longstanding views about the form and level of asset protection afforded by trusts have been challenged and made less certain by a number of recent court decisions and legislative changes.

This presentation explored the key issues to consider when seeking to “bust-proof” a trust, including:

1. Minimising challenges on taxation grounds2. The consequences of recent family court decisions involving

trusts3. Practical recommendations when dealing with structuring new

trusts4. The ongoing impact of the decision in the richstar case in 2006;5. Relevant bankruptcy issues6. The critical issues to consider whenever establishing or amending a trust deed

ENDURING POWERS OF ATTORNEY AND GUARDIANSHIP – EVERYTHING YOU NEED TO KNOW

Arguably, one of the most contentious areas of estate planning relates to enduring powers of attorney and guardianship.

There is an array of issues that must be taken into account in relation to appointing attorneys and guardians.

In this 60-minute presentation, we explored some of the key things that advisers must address, including:

1. How to structure the appointment of more than one attorney2. The interrelationship between attorneys, enduring attorneys,

guardians, executors and binding death benefit nominations3. The interplay of these arrangements across state and international borders4. The role of state government departments5. The implications of recent court decisions, including the high court’s decision in stanford




Recorded webinars

FIRM OF THE FUTURE – NOW

The impact of radical market changes and ever increasing complexity, mean the business models of all professional service firms (PSF) are under constant reassessment.

Many argue that the key to success, and perhaps even survival, is to create a true ‘Firm of the Future’.

This session will deconstruct why the concept is gaining such traction and provide deep insight from someone who has twice in the last 5 years re-written the PSF rule book.

5 key benefits –

1. How to learn what not to do – quickly!2. Demystifying the key building blocks of a firm of the future3. The 3 P’s – Process, Product and Pricing4. Inside account of how to create a true firm of the future5. Exploring how the good artists borrow; and the great artists steal

ESTATE PLANNING – TOOLS TO GROW YOUR BUSINESS

Estate planning is arguably the ‘new black’ for many advisers. One of the very few areas of the law where advisers and clients can work collaboratively and constructively. Estate planning and related areas can be a critical value proposition for any adviser wanting to remain relevant.

This session will explore five key ways you can deliver client solutions that will also grow your business, namely:

1. Online adviser facilitated estate planning2. Adviser facilitated probate and estate administration3. ‘All You Can Eat’ legal document access4. The VIP platform5. The View Rewards program

BUSINESS SUCCESSION – MASTER CLASS

Leveraging off a raft of questions raised with us in recent months by advisers from across Australia, this in-depth ‘Master Class’ presentation will explore in detail a range of the most topical issues in the business succession space using case study example in areas including:

1. How most insurance funded buy-sell agreements operate2. The main alternatives available when determining how the

insurance policies should be owned3. The taxation consequences of the different ownership approaches4. The impact of all recent legislative changes, including recent

modifications to the trust ownership approach




Recorded webinars

EVERYTHING YOU NEED TO KNOW ABOUT THE SMALL BUSINESS ROLLOVER RULES

Subdivision 328-G commenced on July 1 2016, with the intention of providing Small Businesses with flexibility to restructure into a more appropriate form.

The range of issues to consider when restructuring are potentially broad.

While existing rollovers apply only in narrow circumstances, the new provisions provide a myriad of tantalising restructure opportunities.

This webinar will explore all technical aspects of the provisions and use numerous case studies, including:

1. What constitutes a ‘genuine restructure’2. Using trust cloning and trust splitting as a restructuring method3. Restructuring heritage trusts with proximate vesting dates or limited variation powers4. How to restructure from a sole-trader to a company owned by a family trust5. Other planning opportunities

POST-DEATH ESTATE PLANNING STRATEGIES

Generally a comprehensive estate plan must be implemented well before a person dies or loses capacity. There are some exceptions to this rule and with the aging population it is vital for all advisers to be aware of the main strategies available.

This presentation will consider key post death estate planning strategies including:

1. All forms of post death testamentary trusts2. Related ‘special purpose’ trusts (including child maintenance

trusts)3. The key tax, stamp duty and commercial issues4. Adjacent planning opportunities, including statutory wills5. Detailed case study examples

A 2016 PRICING MASTER CLASS WITH RON BAKER

In Australia for the first time in 3 years, the founder of VeraSage Institute (the leading think tank dedicated to educating professionals internationally), Ron Baker delivered an interactive 90-minute session.

The webinar explored how accounting and financial planning firms are embracing a superior business model: selling intellectual capital; not time.

In a discussion facilitated by Matthew Burgess, no questions were off limits as Ron Baker, using numerous case study examples –

1. Explains how value pricing delivers enormous competitive advantages

2. Demystifies the number one driver of profitability in professional service firms

3. Explores what you can implement immediately to begin ‘pricing on purpose’4. Provides a deep analysis of his ‘eight steps to implementing value pricing’5. Analyses the arguments against ‘burning the timesheet’




Recorded webinars

40 FORMS OF TRUSTS

The concept of a trust is in theory relatively simple – just involving one party (the trustee) holding assets for the benefit of others (the beneficiaries).

Given however that there are only a few core elements which must be satisfied to have a valid trust relationship, overtime advisers and clients alike have largely only been limited by their imagination in terms of the way in which they craft any particular trust deed.

This presentation will explore 40 different trust structures, including:

1. The increasingly popular ‘GST’ structure2. All key forms of protective trusts3. Secret trusts4. International structures5. Perpetuity trusts6. Legitimate tax advantaged trusts

ADVISER FACILITATED ESTATE PLANNING – EVERYTHING YOU NEED TO KNOW TO DELIVER EXCEPTIONAL VALUE

Estate planning is the ‘new black’ for many advisers. Indeed, adviser facilitated estate planning is one of the very few areas of the law where advisers and clients can work collaboratively and constructively.

View’s web-based estate planning platform is widely recognised as the solution of choice by leading advisers.

This session will explore the key ways financial advisers, accountants, risk advisers and other lawyers you can leverage View’s platform to radically improve their estate planning offerings – and in turn deliver client solutions that simultaneously create immediately profitable income streams for referrers.

FOUNDATIONS FOR THE FUTURE THE ‘HOW TO DO IT’ WEBINAR – DEFINING AND MONETISING YOUR PASSION

Many observers are predicting that the changes to the legal and professional services industries over the next 3 years will be unprecedented.

A ‘perfect storm’ across issues such as digital disruption, de-leveraging and new entrants mean that the only certainty will be change.

The key question for every professional is – what do we do?

As part of our ‘Foundations for the Future’ series, this webinar will use case studies and provide practical ideas that can be immediately implemented, while exploring –

1. The science underpinning why ‘the why’ is the key to success2. How strengths based specialisation can be the ‘secret sauce’3. Finding ‘flow’ – and locking it in4. Counterintuitive team management




Recorded webinars

ESTATE PLANNING IN 2017 – WHERE ARE WE AT?

The pace of evolution of all aspects of estate planning has continued to intensify over the last 18 months. This presentation will use case studies to explore all key recent developments including:

1. The key estate planning related court decisions over the last 18 months

2. Taxation and stamp duty changes3. Examples of the attitude of the australian taxation office towards

various estate planning strategies4. Bespoke planning opportunities

ADVISER FACILITATED ESTATE PLANNING – EVERYTHING YOU NEED TO KNOW TO DELIVER EXCEPTIONAL VALUE

Estate planning is the ‘new black’ for many advisers. Indeed, adviser facilitated estate planning is one of the very few areas of the law where advisers and clients can work collaboratively and constructively.


This session will explore the key ways financial advisers, accountants, risk advisers and other lawyers you can leverage View’s platform to radically improve their estate planning offerings – and in turn deliver client solutions that simultaneously create immediately profitable income streams for referrers.

This webinar will build on and explore in detail some of the estate planning strategies mentioned briefly in our 2016 adviser facilitation webinars. There is no need for you to have attended the previous webinars to get value from this webinar. For those who did attend the 2016 webinars, the vast majority of content in this webinar will be new.

TRUST HORROR STORIES

Many specialist advisers have business plans that consist of one word – ‘trusts’.

A significant reason for this is the myriad of seemingly never ending problems with trust deeds.

This webinar explores numerous trust ‘horror’ stories that View has helped resolve – all shared with the aim of helping avoid similar problems arising in the future.

Learn from case studies titled –

1. The one day trust2. The missing beneficiary3. When 1 trust became 2; but no-one knew it4. 15 years of failed trust distributions5. 1 trust, 2 deaths and 3 tax bills




Recorded webinars

FOUNDATIONS FOR THE FUTURE THE ‘HOW TO DO IT’ WEBINAR – PERSISTENCE CREATES PERFECTION




As part of our ‘Foundations for the Future’ business models program, this webinar will be presented by Matthew Burgess and will use case studies and provide practical ideas that can be immediately implemented, while exploring –

1. Why habit creation is so critical2. Learning the key lessons (by stealing from the best)3. Fixed v growth mindsets in professional service firms4. Why the optimistic opportunists are winning

PROBATE AND ESTATE ADMINISTRATION – EVERYTHING YOU NEED TO KNOW

Estate planning is widely considered the ‘new black’ for many advisers.

The ‘next wave’ for advisers, particularly as the baby boomer generation enters the last phase of their life span, is probate and estate administration.

The administration of a deceased estate is a heavily regulated area and there are many aspects that can cause irreversible damage if misunderstood.

This webinar will step through all the key issues that advisers need to know in relation to the administration of any deceased estate, including –

1. Discussion about what probate is exactly, when is it needed and how do you get it

2. Exploration of the key steps in obtaining probate3. Analysing the key steps in estate administration4. Identifying the key areas where advisers can add value5. Numerous case study examples

ESTATE PLANNING WAR STORIES

Story telling is the cornerstone of explaining and understanding any principle. View’s experience in the estate planning area is that there a few approaches as memorable as learning based on ‘war stories’.

This webinar explores a series of View’s most popular ‘war stories’ to explain 10 of the most important estate planning principles.

Learn lessons, based around concepts including –

1. It’s the ‘vibe’2. Being stuck in the middle3. ‘It depends’




Recorded webinars

AN ASSET PROTECTION MASTER CLASS

The need to take active steps to protect assets and wealth is longstanding.

Arguably however, those concerns have never been taken more seriously by a greater number of people than they are currently.

To many people, asset protection means being able to control assets or have access to assets which the person does not legally own, such that if the person is successfully sued these assets will not be available to be used to recompense the successful litigant.

However this is only one aspect of a comprehensive asset protection strategy.

This webinar explores the key foundations to achieving best practice asset protection, deeply exploring the often used mantras –

1. In times of peace, prepare for war2. Begin with the end in mind3. Prevention is better than any cure4. Measure twice; cut once

ADVISER FACILITATED PROBATE AND ESTATE ADMINISTRATION


The platform, among other solutions, offers, nationwide, a comprehensive adviser centric solution for probate and estate administration.

This session will explore the key ways financial advisers, accountants, risk advisers and other lawyers can leverage View’s platform to radically expand their estate planning related offerings.

Find out how the platform can allow you to deliver facilitated probate and estate administration solutions, safe in the knowledge that the legal documents will be delivered by one of the leading provider in the space – with all products being priced on an upfront and service guaranteed fixed price basis.

FOUNDATIONS FOR THE FUTURE THE ‘HOW TO DO IT’ WEBINAR – PURPOSE LEAD PERFORMANCE




As part of our ‘Foundations for the Future’ business models program, this this webinar will be presented by Matthew Burgess and will use case studies and provide practical ideas that can be immediately implemented, while exploring –

1. The self awareness cheat2. The undeniable truths for professional service firms3. Why starting the business model re-engineering journey must start now4. How to iterate the core principles of professional service firms to achieve superior performance




Recorded webinars

FOUNDATIONS FOR THE FUTURE THE ‘HOW TO DO IT’ WEBINAR – HOW TO INCUBATE AND ITERATE YOUR BUSINESS MODEL




As part of our ‘Foundations for the Future’ business models program, this this webinar will be presented by Matthew Burgess and will use case studies and provide practical ideas that can be immediately implemented, while exploring –

1. The Innovation ‘Bible’2. The power of ‘and’3. Where do all the good ideas come from 4. What’s better, what’s best for professional service firms right now

TRUST VESTING – THE KEY RAMIFICATIONS

The range of issues that can potentially undermine the intentions of a trustee when a trust has, or is about to, vest is almost limitless. The potential taxation and stamp duty consequences are similarly broad.

This presentation will use detailed case study examples to explore all key aspects of trust vesting, including:

1. With the tax and stamp duty implications of trust vesting 2. The fundamental practical issues3. Asset protection considerations4. The impact on related estate planning arrangements5. Possible work arounds, including accessing the ‘never ending’

trust regime

TRUST HORROR STORIES…CONTINUED

Many specialist advisers have business plans that consist of one word - ‘trusts’.

A significant reason for this is the myriad of seemingly never ending problems with trust deeds.

In the lead up to another 30 June, this webinar will explore numerous trust ‘horror’ stories that View has helped resolve – all shared with the aim of helping avoid similar problems arising in the future.

While our 2017 ‘Trust Horror Stories’ webinar was one of our most popular events, the 2018 webinar is entirely new content, sourced from the last 12 months. Learn from a range of case studies, including –

1. No trustee, no variation power, no hope2. Rookie Error (part I) – defining beneficiaries as ‘#insert here’ 3. Rookie Error (part II) – setting up the trustee company after the trust it’s trustee for4. Rookie Error (part III) – forgetting to include the beneficiary classes 5. 1 trust, 2 siblings, 3 threatened lawsuits6. White lies and data matching What is a poor boy to do – when 3 ex spouses are sole capital beneficiaries



recorded webinars - view legal · 2018. 5. 24. · recorded webinars testamentary trusts: key...

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