FEDIPILOT / TAX RESEARCH AND ADVICE: TRUST DISTRIBUTIONS
Ask the hard question. Review a cited draft advice.
FediPilot reads the legislation, the ATO ruling and guidance and the court decisions, then drafts an advice document on your letterhead with quotations, citations and a list of authorities. You review it, take responsibility for it and send it yourself. Fictional client; nothing was sent or lodged.
A question on trust distributions, researched from primary sources into a draft advice
3:32 · English narration- FediPilot prepares
- Takes a question asked in one sentence about a family trust's distributions to adult children and reads the client's papers. It then opens the legislation, the ATO ruling and guidance and the court decisions, naming each one as it reads it, answers in the chat with its sources, and works through the follow-up questions. It drafts an advice document on the practice letterhead: a summary, quoted passages with numbered citations, a risk table, modelled scenarios with their assumptions and a list of authorities with pinpoints.
- You review
- The advice is yours. You read the draft against the sources, check the quotations and the figures, add any authority it did not cite and settle the position. As the registered tax agent you take responsibility for the advice, sign it and send it yourself.
Draft advice saved as a PDF. Fictional client and records. Draft advice only. Nothing sent or lodged.
Open this recording’s pageRecorded in FediPilot with fictional clients and synthetic records. The accountant reviews every draft, and final review and submission stay accountant-controlled in your own tax software. Supported workflows vary by integration and release. FediPilot is available to existing MYLEDGER or FEDIX users after training. Microsoft Excel, Xero and LodgeiT are trademarks of their respective owners, shown as software a practice may already use.