Life Interests: Case Studies

Dive into practical case studies that show how life interests operate in common tax and estate planning scenarios.

In this session, we cover:

• Life Interests and Similar Rights

• A life interest involves…​

• CGT events to consider​

• Who are the people being affected?​

• Division 128 of ITAA 1997 – Effect of death

  • PSLA 2003/12

• Creation of the life interest​

• Tax issues to consider

  • Main Residence Exemption

  • Disclaimer of the life interest​

  • Surrender of the life interest​

  • Right of occupancy

  • Death of the life tenant​

  • Contention of the life interest​

• Case Studies

Date recorded: 14 August 2025