Recorded Webinar: 10 Succession Options for Family Trusts


20th November 2018

Duration:  approx. 1.5 hours

Allan Swan delivers his quarterly estate planning briefing – a must for all estate planning practitioners.  In this session, Allan considers 10 succession options for family trusts.

For many clients, a critical aspect of Australian estate planning is determining what happens to the assets held in existing discretionary family trusts, particularly when the next generation includes 2 or more siblings.  This webinar looks at the advantages and taxation and other pitfalls of 10 succession options, namely:

  • Sole control by one child (with compensation to the other children via super or personal estate)
  • Sole control of NSW jurisdiction trust by favoured child
  • Sole control of ex-NSW jurisdiction trust by favoured child
  • Conversion of trust into umbrella trust with default distributions to children’s trusts
  • Umbrella trust, but with forward distribution resolutions instead
  • Splitting the trusts into subtrust.
  • Reduction of net assets to nil, eg via asset revaluation reserve
  • Neutral control
  • Provisional winding up, eg when current generation dies
  • Immediate winding up
Recorded Webinars,Trusts,Recorded Webinar:  10 Succession Options for Family Trusts

Allan Swan, Director, Estate Planning Equation, Melbourne

As the director of the Melbourne law firm Estate Planning Equation – Preventative Law, Allan Swan acts for a diverse range of clients assisting them to achieve their personal objectives in respect of the wealth they own or control.  Allan’s particular focus is working to pre-empt problems that may occur in the future, whether those problems might be taxation, business risk, family dispute or vulnerability.

Allan also provides practitioner training and speaking services, is an instructor for the Leo Cussen Centre for Law and for other professional bodies and is also the author of the CCH online practitioner service, Australian Estate Planning.

Allan has 3 specialist accreditations, namely as: a Chartered Tax Adviser (TIA); Trusts and Estate Practitioner (STEP); and an Accredited SMSF Specialist TM (SMSF Association).

Allan holds degrees in Law and Economics and a Graduate Diploma in Financial Services.


This webinar is suitable for lawyers and accountants throughout Australia who advise in estate planning matters. This is an update webinar on recent developments in this area.

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:

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Product Code: WBDNOV18
 Price:  $264.00 (Inclusive of GST)
© 2020 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.