Recorded Webinar: Estate Planning for Second Spouses and Children of First Marriages

22nd April 2021
Duration:  approx. 1 hour

 ABOUT THE WEBINAR
Each unhappy family is unhappy in its own way, and a blended family increases the likelihood of unhappiness when it comes to estate planning. When a blended family consists of adult children of the first relationship and minor children of the second, there is a tension between the needs of the minor children and the expectations of the adults. This session reviews the practical issues that often arise in the context of blended families and how to deal with these, including:

  • Identifying the needs of the surviving spouse, minor children vs adult children of the previous relationship
  • Using testamentary trusts to ensure the surviving spouse is taken care of whilst guaranteeing residual capital to the children
  • Mutual wills - what can you do to avoid the second partner spending the entire estate and the adult children missing out?
  • The sufficiency of a life interest over the family home - keeping the second spouse and adult children from the first marriage happy
  • The advantages and disadvantages of providing the spouse with a right to reside in the main residence
  • Second spouse planning and SMSFs
 PRESENTER
Recorded Webinars,Estate planning,Recorded Webinar:  Estate Planning for Second Spouses and Children of First Marriages

Nathan Yii, Principal Lawyer, Chartered Tax Advisor and SMSF Specialist Advisor - Nathan Yii Lawyers, Melbourne

Nathan Yii is the Principal Lawyer, Chartered Tax Advisor and an accredited SMSF Specialist AdvisorTM of the Melbourne based legal practice, Nathan Yii Lawyers.  He is a graduate of Melbourne Law School and holds a Bachelor of Commerce (Accounting), a Bachelor of Laws (Hons) and a Master of Laws. 

Nathan is recognised in Doyles’ Guide as a leading lawyer – a Preeminent Wills, Estates & Succession Planning Lawyer and also as a Recommended Wills & Estates Litigation Lawyer in Victoria. 

Nathan takes a strategic approach to legal practice and focuses on tax-effective solutions, estate planning, asset protection, SMSF compliance and trusts, estates and SMSF disputes.  He works with and consults to high net worth individuals, family offices, legal and non-legal professionals and their clients.

Nathan is a regular presenter in his areas of expertise and is also an adjunct lecturer and advisory committee board member for the Estate Planning Practice Specialisation in the Master of Laws program at the College of Law and also a member of the Education Quality Assurance Board at the Tax Institute.  Nathan was also awarded the Tax Institute’s National Dux Award for CTA3 Advisory and the Justice Graham Hill Scholarship in 2017. 

 WHO SHOULD ATTEND?

This webinar is suitable for lawyers and accountants throughout Australia who advise in estate planning matters. This webinar is for practitioners with some knowledge in this area and looking to improve their knowledge.

 CPD 

Accountants can claim up to 1 CPD/Training hour.  FASEA – category “Technical Competence” – 1 hour.  Lawyers can claim up to 1 CPD units/point – substantive law.  This webinar has been designed to run for 1 hour, however, webinar lengths can vary depending on the level of questions and discussion.

 ENQUIRIES/ASSISTANCE
If you need assistance or have an enquiry, please do not hesitate to contact our Webinar Coordinator, Lisa Tran on (03) 8601 7709 or email: [email protected]



© Television Education Network Pty Ltd 2021

Product Code: WBDAPR21
 Price:  $264.00 (Inclusive of GST)
© 2021 Television Education Network Pty Ltd. All rights reserved. The program for this webinar is copyright and may not be reproduced in any form without the prior written consent of the copyright owner.