Claiming a duty exemption for the transfer of real estate from a trust to a beneficiary may seem simple however, the case law indicates an exemption can be fraught with complexities and risks to practitioners. Missing a crucial requirement can trigger unexpected duty liabilities.
Presented on 19/2/2025 by Rachel O’Donnell
1 CPD Substantive Law
In this session tax law specialist, Rachel O’Donnell, takes you through some of the complexities and the most common mistakes LPLC sees in practice, with a particular focus on distributions from discretionary trusts and transfers of family farms to relatives.
With reference to some common scenarios, the session assists your understanding of the law, helps you identify risk issues and gives you some practical tips you can apply when doing this work.
