The Precedent Resource Centre provides a total solution to all your structuring and planning needs. With an extensive range of precedent documents, how to guides, papers, articles and strategies including videos the Centre makes the task of structuring a property purchase or establishing a testamentary will easy. The documents and other material are all prepared by professionals who advise on the products and are at the pinnacle of their respective fields. The service also comes with support for those people who need assistance. Simply go to the Contact page and follow the instructions.

Our people ensure that all of our documents are current, by regularly reviewing them for compliance with the most recent decisions of the courts and tribunals and legislation.  We also ensure that all of our documents are practical and workable, by listening to your needs.

PRC is currently undergoing maintenance

Trusts

Trusts have become one of the most popular structures. Despite the popularity with trusts they are still one of the most misunderstood of all entities. The problems that exists with section 97 of the Income Tax Assessment Act 1936 and the distinction between income for tax purposes and trust purposes requires careful planning when using a trust. Also in recent times all sorts of claims have been made about land tax and the benefits of hybrid discretionary trusts. Care should be taken when considering the tax benefits of trusts and how to deal with end of year distributions of income or capital gains.

Companies

Companies are important in any structuring, whether it be an investment or business structure. With the problems associated with Division 7A and the CGT discount it is critical that you consider all the issues that may arise when using a company. The advantages of limited liability and a lower flat tax rate means that many people are attracted to using companies. The main use is as trustees of trusts to limit the liability of the individual controllers. You will notice on this site the majority of company documents are drafted as resolutions. The resolution becomes effective when the last director signs the document. We use resolutions as the Corporations Act no longer requires directors meetings and they are more flexible.

Superannuation Funds

Superannuation has become a very exciting area following the budget changes. The tax incentives provided to regulated superfunds makes them the most attractive vehicle for accumulating wealth. The restrictions and prohibitions that also apply mean that much care is needed when making investments using the assets of a superfund. The prohibition on borrowing and acquiring assets from a member have resulted in alternative structures for holding assets. The use of unit trusts has become increasingly popular. The documents and other superannuation material is of the highest quality.

Precedents

We provide a large numbers of precents both at "cost" & "free". The categories include: Trusts; Supperannuation; Company & a variety of others. Visit the PRC and click on Precedents to view titles.

Strategies, Papers & Guides

Strategies, papers and "How To" guides relating to trusts, companies, super, CGT and more

Videos

A range if Video titles are also available at the PRC, categories include:

• Trusts
• Superannuation
• Companies