How to draft them – how binding are they?
A memorandum of wishes is therefore a mechanism by which the settlor can attempt to exert residual influence over the management of the assets the settlor has sacrificed control of. As noted in Breakspear v Ackland  Ch 32:
“The defining characteristic of a wish letter was that it contained material which the settlor desired that the trustees should take into account when exercising their (usually dispositive) discretionary powers.”
This webinar, which will conclude with a question and answer section, will focus on:
OTHER TOPICS COVERED
Memoranda of wishes are commonly, but not always pro forma documents that may not fully canvas the settlor’s considered wishes.
This insightful and practical webinar, which will include a precedent memorandum of wishes will also consider the opportunities a good memoranda of wishes can afford and the dangers of a poorly crafted or pro forma memoranda of wishes.
Attendees will learn:
13 June 2018
This webinar is targeted at all practitioners at all levels but will be of particular interest to practitioners who advise clients who are establishing new trusts or who deal with on-going trust administration (including lawyers, accountants and professional trustees).
Vicki Ammundsen, Director, Vicki Ammundsen Trust Law Limited
1.25 CPD Hours