This paper covers:
- practical issues for the professional executor
- death & the will
- securing the assets
- probate, collection of assets & paying debts
- joint tenants vs. tenants in common
- deceased estate, income tax obligations and the distribution of assets
- income tax
- accounts
- present entitlement
- absolute entitlement and specific entitlement
- concessional tax rates
- equalisation/adjustment clauses
- capital gains tax
- main residence exemption
- losses - capital and revenue
- life tenancies
- family provision claims
- companies
- Division 7A issues
- discretionary testamentary trusts
- court-authorised wills.