“I’m not sure I’d call it a death tax in the sense that it applied to all trusts going forward,” Mr Murphy told Sky News Australia.
“It’s certainly going to have a profound effect on testamentary trusts and change the way that estate planning is done.”
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By: Sky News Australia
Title: Expert explains the ‘death tax’ and how it affects estate planning
Sourced From: www.youtube.com/watch?v=zgnthR_K4Ss
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