Package includes:
Online CPD module l Booklet l PowerPoint Presentation
Package Fee (incl GST)
- $91 - NZLS members and Associate members
- $121 - Non-members
Note: Access to the online files is via your "My CPD" page. If you would like to purchase multiple packages, please contact us here.
Online CPD module
Presentation time: 60 minutes
There have been a number of contentious policy and legal developments in this area of trust law – especially in regard to the asset and income tests for the Residential Care Subsidy. These developments are now influencing how lawyers must advise their clients in relation to the formation of family trusts and the structure of gifting programmes.
By using various scenarios, the presenters will look at the tests and the impact they have on gifting and trusts including:
- background and rules in relation to eligibility criteria for the Residential Care Subsidy
- incomes – trusts and MSD expectations as to income
- structuring family trust gifting programmes for clients in the light of legal developments in relation to the Residential Care Subsidy - and the underlying purpose of family trusts
- what to do about completed gifting programmes where they affect eligibility for the Residential Care Subsidy
- parallel trusts – consideration of whether they are really the way forward
- trust reversals – how to unwind family trusts to preserve eligibility for the Residential Care Subsidy
- developing law from the Social Security Appeal Authority and the Court of Appeal.
Please contact us if you use a dial up internet connection.
Learning objectives
Learning objectives
You will gain an understanding of:
- The MSD rules and eligibility criteria for the Residential Care Subsidy.
- How the eligibility criteria affects the structuring of family trusts and gifting programmes.
Booklet
Author: Theresa Donnelly, Richard Lang
Published: 20 March 2014
Pages: 42
View contents page
Introduction
There is no introduction for this publication.
PowerPoint Presentation
These are the slides included in the presentation.
Number of Slides: 34