Charitable gifts?

The High Court has released a judgment finding that some purported donations to the Trust Board of the Church of Jesus Christ of Latter-Day Saints (Trust) by a missionary, their family and others, in connection with the missionary’s application to be a missionary overseas were not charitable gifts for purposes of section LD 1 of [...]

February 26th, 2019|Categories: Legal Developments|Tags: , |

The gifting debate continues

While there is now no requirement to enter into extensive gifting programmes in order to transfer assets from personal ownership into a family trust, the abolition of gift duty on 1 October 2011 has created other implications which clients need to consider before disposing of their assets. In particular, section 147(a) of the Social Security [...]

April 1st, 2012|Categories: Legal Developments|Tags: |