Keywords:
1. Overview -- 2. Power in the Family Law Act relating to trusts and companies -- 3. Overview of the Family Law Act -- 4. CGT (capital gains tax) -- 5. Exemptions -- 6. Disposal cases -- 7. Creation cases -- 8. Planning issues -- 9. Restructuring a family trust using trust cloning and trust splitting -- 10. Trust cloning -- 11. Trust splitting -- 12. Specific comments on the taxation consequences of splitting -- 13. CGT events -- 14. Resettlement risks -- 15. Statement of principles -- 16. Practical recommendations for asset protection and estate planning -- 17. Distributions -- 18. Child support payments -- 19. Practical tax related issues that arise with family trusts -- 20. Invalid distributions -- 21. Beneficiary loan accounts -- 22. Family trust elections and interposed entity elections -- 23. Disclaimer and acknowledgement -- 24. Glossary of abbreviations