Trust Series 2020 - Trust Fundamentals - 26 February 2020 (On Demand)

Description

Trusts are a common form of asset ownership. However, the rights and obligations associated with trusts, and even simple matters such as contracting with trusts are not always well understood. This course on trust fundamentals takes a case study approach to explore how and why trusts are settled, how to advise on trusts following the enactment of the Trusts Act 2019, when a trust is appropriate, when it might not be, best practice for on-going governance, dealing with incapacitated trustees, compliance obligations and how to manage adviser / settlor / trustee conflicts of interest.

Consideration will be given to the effect the Trusts Act 2019 will have on trust fundamentals.

HIGHLIGHTS
This webinar, which will conclude with a question and answer section, will cover the fundamentals of settling and administering family trusts in a changing trust environment.

Topics covered will include:

  • Why a trust? And when not?
  • The requirements of a valid trust
  • Maximum duration of a trust
  • Drafting tips and warnings
  • Who should (and who should not) have powers of appointment
  • Beneficiary rights
  • Trustee obligations and the extent of personal liability that can be incurred
  • The evolution of the taxation regime that applies to trusts
  • The fundamentals of good trust governance
  • How to contract as or with trustees
  • How to draft effective trustee resolutions – what to say – what not to say

WHY ATTEND
Trust law is a dynamic and changing landscape – and perhaps never more so than now. This webinar canvasses the fundamental elements of trust law and contemporary considerations regarding settling and administering trusts.

ORIGINAL BROADCAST DATE

26 February 2020

LEARNING OUTCOMES

Attendees will learn:

  • The fundamentals of contemporary trust law
  • How to advise clients about trusts
  • Key aspects of trust governance, and
  • Significant elements of effective trustee resolutions

SUITED TO

This webinar is targeted at all practitioners at all levels but will be of particular interest to practitioners who advise trustees or beneficiaries.

PRESENTER

Vicki Ammundsen, Director, Vicki Ammundsen Trust Law Limited

1.25 CPD Hours

  • On Demand Event
    Complete online in your own time (Self-paced)
    • $195.00 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 to a live webinar will automatically be sent a recording at the end of that week along with a full transcript of the webinar, regardless of whether you attended or not.

Sole practitioners

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