29/06/2026
In a significant policy shift following strong feedback from the business and professional sectors, the Albanese Government has announced important changes to its proposed tax measures.
The Government has also confirmed that Testamentary Discretionary Trusts (TDTs) will be excluded from the proposed 30% minimum distribution tax on trusts.
This is a major win for you, our clients and Australian families and reinforces why Testamentary Discretionary Trusts remain one of the most powerful estate planning vehicles available.
For families looking to safeguard inheritances and create long-term financial security for future generations, this announcement provides welcome certainty and highlights the ongoing value of well-structured estate planning.
If you'd like to understand how a Testamentary Discretionary Trust could benefit your family's estate plan, feel free to get in touch.