Practical Trusteeship – Implications of the Trusts Act 2019 - 22 October 2019 (On Demand)

Description

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:

  • Where to strengthen existing trust governance procedures
  • Where new governance processes will be required
  • Considerations for managing the new information obligations (holding of core documents, notifying beneficiaries of basic trust information and responding to beneficiary requests for information).
  • Understand the practical implications for trustee decision-making

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.

ORIGINAL BROADCAST DATE

22 October 2019 

LEARNING OUTCOMES

This webinar will review the Trusts Act 2019 from a practical perspective for trustees and professional advisers to:

  • Strengthen existing governance procedures and identify where new governance processes will be required
  • Considerations for managing new information obligations
  • Understand the practical implications for trustee decision-making

SUITED TO

Accountants, lawyers, professional trustees, trust managers, trust administrators, legal executives 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

Coming Soon

All Coming Soon >>

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.