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 Trusts Act 2019 coming into full force and effect, beneficiary disclosure, when a trust is appropriate, when it might not be, best practice for on-going governance, trust reporting and other compliance obligations, how to manage adviser / settlor / trustee conflicts of interest.

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
• Beneficiary disclosure
• 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 draft effective trustee resolutions

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. 

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