Federal Budget and what it means for estate planning strategies

The federal budget’s proposed taxation changes have sent shockwaves through the estate planning industry. In this video, Tara Lucke is joined by financial adviser William Johns, and together we’ll unpack the practical consequences of the proposed changes and how to navigate the uncertainty for your clients. We’ll cover: The proposed tax changes to testamentary trusts, distributions to minors, special disability trusts and deceased estates Which structures and income are exempt Breaking down the practical consequences of the new 30% minimum tax on testamentary discretionary trust Whether clients with TDT wills need to update them now The impact on common estate planning strategies If you’re a lawyer, accountant or financial adviser, this video is a must see. Please note this video was recorded prior to the Government announcement on 18 June 2026 that testamentary discretionary trusts will be exempt from the 30% minimum tax. The media release with the details is here: https://www.pm.gov.au/media/tax-refor...