Trust Series 2021 – Variation and Resettlement

Description

This webinar, which includes a case book, provides a considered study of the mechanics of trust variations and resettlement.

The materials will include a case study and draft deeds of variation and resettlement.

HIGHLIGHTS
This webinar, which will conclude with a question and answer section, will consider variation and resettlement in accordance with the terms of a trust and by reference to part 6 of the Trusts Act 2019.

Topics covered will include:

  • Powers of variation in trust deeds
  • Power of court to authorise variation and resettlement
  • The difference between a waiver pursuant to s 125 of the Trusts Act compared with consent pursuant to s 124 of the Trusts Act
  • Mechanics of variation
  • The line between variation and resettlement
  • Unintended tax consequences
  • Case law up-date considering cases including:
    • Grand View Private Trust v Wong
    • Talijancich, Malone and M & L Trustees Limited v Talijancich & Ors
    • Gavin v Gavin, and
    • Re Setter

WHY ATTEND
Trusts are routinely varied. However, the consequences and process of variation require careful consideration. This webinar will educate on the mechanics and options for variation with consideration given to the Trusts Act.

The webinar will also explore resettlement as an alternative to variation.

LEARNING OUTCOMES

Attendees will learn:

  • The mechanics of the variation of trusts
  • The difference between variation and resettlement
  • When the assistance of the court should be sought to vary or resettle a trust
  • Tips and traps

SUITED TO

This webinar is targeted at all practitioners with a good knowledge of trust law who are looking to develop a broader appreciation of the mechanics and consequences of variation and resettlement.

PRESENTER

Vicki Ammundsen, Director, Vicki Ammundsen Trust Law Limited

1.25 CPD Hours

  • Aug 25
    Wed, 10:30 AM NZST - 11:45 AM NZST Online
    • $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.