Child Maintenance Trusts: The Tantalising, Tax Effective Child Support Strategy
The tax breaks afforded to child maintenance trusts can work extremely well for an obligated parent, but only in the right circumstances.
- The legislative framework for child maintenance trust income
- Creating the obligation
- Need for a single or progressive gift of assets into the trust
- Ensuring excepted trust income
- Structure of trust – outright beneficiary v capital reserved
- Dealing with income surplus to child support obligations
- Adjusting for the trusts in Wills
Presented by Allan Swan, Director, Estate Planning Equation; Adjunct lecturer, College of Law applied law master’s program
Description
Attend and earn 0.5 CPD hour in Substantive Law
This program is applicable to practitioners from all States & Territories
Chair
Susan Pearson, Partner, Pearson Emerson: Accredited Specialist in Family Law
Presenters
Allan Swan, Director, Estate Planning Equation
Allan Swan works with private clients and their accountants, financial advisors and legal practitioners relating to the legal aspects of the following areas of Preventative Law: Asset Protection, Deceased Estate Taxation, Dispute Prevention, Estate Planning, Prevention Strategies, Special Disability & Protective Trusts, Statutory Wills, Structuring, Superannuation, Tax Considerations, and Testamentary & Family Trusts. Allan also provides practitioner training and speaking services in the above areas and is an adjunct lecturer in the College of Law’s applied law Masters of Applied Law program. He is also an instructor for the Leo Cussen Centre for Law and other professional bodies. Allan is accredited as a STEP Trust and Estate Practitioner. Allan holds degrees in Law and Economics and a Graduate Diploma in Financial Services.
Susan Pearson, Partner, Pearson Emerson
With over 35 years’ experience in family law, and as one of the first lawyers to be accredited as a family law specialist by the Law Society of New South Wales, Susan is consistently recognised as one of the leading family lawyers Australia-wide. In 2021 Susan was once again recognised in Doyle’s Guide to the Australian Legal Market as one of only five pre-eminent family lawyers in Sydney and one of only four leading family lawyers for high-value & complex property matters) in New South Wales. Susan is a Fellow of the International Academy of Family Lawyers (IAFL), and a Contributor to the World Bank Women, Business and the Law & Civil Society Organisation Reports.
