Trust Series 2018 - Variations of trust - 22 August 2018 (On Demand)

Description

This webinar, which includes a case book, provides a considered study of the mechanics and consequences of variations of trust and remedying mistakes in trust deeds.

HIGHLIGHTS
This webinar, which will conclude with a question and answer section, will consider the options for correcting mistakes and varying a deed of trust together with careful consideration of possible tax consequences. The provisions of the Trusts Bill will also be considered

Topics covered will include:

  • Powers of variation including statutory powers of variation – and the powers in the Trusts Bill 
  • Rectification of mistakes in trust deeds 
  • Mechanics of variation 
  • Options where there is no power of variation 
  • Seeking the assistance of the High Court 
  • The line between variation and resettlement 
  • Unintended tax consequences 
  • Variations of charitable trusts 
  • Case law up-date 

WHY ATTEND
Trusts are routinely varied. However, the consequences of variation can be far reaching especially where a variation effects a resettlement with the attendant tax consequences. This webinar will educate on the options for variation while alerting practitioners to the tax risks that can accompany certain variations. The webinar will also explore the subject of rectification of mistakes where trust documents have failed to record the settlor’s true intentions.

LEARNING OUTCOMES

Attendees will learn:

  • The mechanics of the variation of trusts 
  • The requirements for rectification of mistakes
  • Tools to help determine whether or not a variation is a resettlement
  • The consequences of a fundamental variation 
  • When the assistance of the court should be sought to vary a trust
  • Tips and traps

DATE OF ORIGINAL BROADCAST

22 August  2018

SUITED TO

This webinar is targeted at all practitioners with a good knowledge of trust law who are looking to develop a broader appreciation of the mechanics and consequences of variation.

PRESENTER

Vicki Ammundsen, Director, Vicki Ammundsen Trust Law Limited

 

1.25 CPD Hours

  • On Demand Event
    Complete online in your own time (Self-paced)
    • $190.00 excl. GST

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One-connection-one-fee

Our webinars operate on a 'one-connection-one-fee' basis so you can have your whole team participate for one cost effective price and claim CPD points.

Recordings

All registrants that do not log into the live webinar are automatically sent a recording either later the same day or early the next business day.

If you did log in and wish to view again simply drop us a line at NZ‑learning@wolterskluwer.com and we’ll be happy to send it to you via email.

Sole practitioners

A discount on webinars is available for sole practitioners. Please contact us at NZ‑learning@wolterskluwer.com to confirm eligibility.