Working with Testamentary Trusts
Recorded 11 December 2025. This webinar will help to identify when a testamentary trust exists and the key modifications and concessions to watch out for.
This training is recommended for accountants working in public practice and all practitioners working with tax
Recorded 11 December 2025
Testamentary trusts are a common feature of many estate plans, with certain tax rules being modified when dealing with a testamentary trust. This means that from a tax perspective testamentary trusts are treated a bit differently to both regular discretionary trusts and deceased estates.
This webinar will help to identify when a testamentary trust exists and the key modifications and concessions to watch out for. It will explain how distributions to minors are taxed, new integrity rules which can impact on the tax outcome and what happens if income is accumulated within the trust. Key CGT issues will also be considered.
Total 1.25 CPD Hours
- Identify when a testamentary trust might exist
- Explain the key features of the tax rules which are modified when dealing with testamentary trusts
- Explain how to determine the tax treatment of distributions made by testamentary trusts to minor beneficiaries
- Identify when integrity rules might prevent concessional treatment from applying when making distributions to minor beneficiaries
- Explain the tax treatment when income is accumulated in a testamentary trust
- Identify key CGT issues and concessions when dealing with testamentary trusts
Michael Carruthers
Tax Director, Knowledge Shop
Michael is an adviser, author, in demand presenter, mentor to Knowledge Shop’s technical team, and is well known for his capacity to translate highly technical information into tangible and useable advice for the profession. He has a knack for seeing through the complexity and helping advisers work through highly technical issues with certainty and accuracy.
Michael works with advisers every day to help them negotiate and implement the constant tide of change impacting the industry. He was a long-term member of the advisory panel for the Board of Taxation and was a member of the reference group for the Board’s review of small business concessions.
He was also an expert panel member for the Board’s review of tax impediments facing small business.
Working with Testamentary Trusts
Tax & Accounting
1.25 hours | 1 modules
Investment per person:
$213.64
+ GST
Team cost:
$540.91
+ GST
You can’t use team rate, please either signup or login to access team rates
CPD Hours: 1.25 hrs
FS
SMSF
Tax Accounting
General