For many families, succession planning for family investments is an important step in creating and maintaining intergenerational assets/wealth. However, where children have chosen to reside offshore, the consequences can be costly.

As our nearest neighbour, Australia is a common destination for younger generations. As Australia has a different tax system, taxing capital gains and trusts differently to New Zealand, the tax implications for the wider family group can reduce the wealth being transferred.

As such, it is critical to understand the impact of these rules prior to implementing a succession plan. This course will look to identify the main issues arising in these situations and outline the key areas to be considered in planning for succession.

Suited to:

Middle to senior accountants or anyone advising clients overseas