Practical Trusteeship – Rethinking settlor wishes - 20 August 2019 (On Demand)

Description

In many trusts, the settlor’s wishes are minimal, generic, out of date, or have never been recorded.

A well-crafted letter of wishes captures valuable guidance and insight into a trust creator’s purposes, intentions and hopes for a trust and its beneficiaries.

Having reviewed and used many letters of wishes over a 40-year trustee career, Lindsay Pope reckons it time to change our thinking on settlor wishes.

If a settlor’s wishes are unclear or haven’t been captured, it can make it harder for trustees to make informed decisions or balance beneficiary interests. A good set of settlor wishes can be a guiding light for both trustees and beneficiaries.

So what should go into a well crafted letter of wishes?

In this webinar Lindsay will take a practical approach in providing ideas and concepts to assist with:

  •  Engaging settlors in reviewing their wishes
  •  Guidance for trustees and beneficiaries
  •  Strengthening content in letters of wishes
  •  Aligning letters of wishes and trustee decision-making

The webinar content is designed to raise awareness on the considerations for letters of wishes, provide examples of problems with letters of wishes and to discuss how wishes can be applied to support trustees in the running of a trust.

This webinar is a must for professional advisers drafting settlor wishes and for professional trustees, trust managers and trust administrators referencing settlor wishes in the management of a trust.

 

 

ORIGINAL BROADCAST DATE

20 August 2019

 

LEARNING OUTCOMES

This webinar will provide practical ways to assist professional advisers, trustees and trust administrators to:

  •  Identify ways letters of wishes can be strengthened
  •  Review letters of wishes with settlors
  •  Reference letters of wishes as part of trustee decision-making 

SUITED TO

Accountants, lawyers, professional trustees, trust managers and professional advisers. 

PRESENTER

Lindsay Pope, Principal, Trustee Support Ltd

 

 

 

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.