The tax obligations of a Legal Personal Representative
UPDATED OCTOBER 2018
The Australian Tax Pitfalls of Administering an Estate with International Connections.
With such a multicultural society and an ever increasing level of immigration, Australian Estate Practitioners are increasing being confronted with estates that contain the complexities of offshore assets or residents.
SECOND EDITION TO BE RELEASED SOON
This book provides the answer to key questions such as the tax responsibilities of executors and when a tax return is required. It addresses a number of fundamental estate taxation issues such as capital gains tax, superannuation proceeds and the concepts of present entitlement.
One of the largest assets of a typical deceased estate is often the principal place of residence. What is often inadvertently overlooked is that the sale of the residence may trigger a number of Capital Gains Tax issues for the estate. This book explores this minefield and spells out clearly how to handle this issue.