Responding to a new legislative environment
The Trusts Act 2019 was passed in late July 2019 and becomes effective on 30 January 2021. The new Act replaces the Trustee Act 1956.
The new Act will modernise the New Zealand trustscape by making trustee duties and responsibilities more transparent to trustees, beneficiaries and settlors.
If beneficiaries better understand trustee obligations, what do trustees and their advisers need to be on thinking about to be on top of their game?
An 18-month implementation period doesn’t allow much time to review current practices, reposition firms or get trustees and trust clients up to speed.
The first step is to consider the practical implications of the Act for trustees and their advisers.
In this webinar, Lindsay Pope of Trustee Support Ltd will put a professional trustee practitioner’s filter across the new Act to highlight the practical implications of key provisions for accounting advisers, trustees and clients. For example:
The webinar content is designed to review key provisions of the Act and raise awareness on the considerations for trustees and their advisers.
Lindsay will provide guidance on policies, processes and procedures for practically managing the implications of more transparent trust legislation.
This webinar is a must for professional advisers, professional trustees, trust managers and trust administrators.
This webinar will review the Trusts Act 2019 from a practical perspective for trustees and professional advisers to:
Accountants, lawyers, professional trustees, trust managers, trust administrators, legal executives and professional advisers.
Lindsay Pope, Principal, Trustee Support Ltd
1.25 CPD Hours