Unlock the power of effective trust management: Join our webinar to master the art of drafting precise memoranda of wishes, complete with case law insights and expert Q&A!
A memorandum of wishes (also called a letter of wishes or letter of guidance) is a mechanism by which a settlor can attempt to exert residual influence over the management of the assets the settlor has sacrificed control of. As noted in Breakspear v Ackland [2009] Ch 32:
“The defining characteristic of a wish letter was that it contained material which the settlor desired that the trustees should take into account when exercising their … discretionary powers.”
While memoranda of wishes are a common feature of trusts, many are poorly drafted or fail to properly convey the settlor’s wishes.
HIGHLIGHTS
This webinar, which will include a comprehensive workbook that canvases relevant case law and concludes with a question and answer section will provided detailed guidance on how to draft effective memoranda of wishes.
WHY ATTEND
Memoranda of wishes are commonly, but not always pro forma documents that may, or may not fully canvas a settlor’s considered wishes.
This insightful and practical webinar, which will consider contemporary matters relating to memoranda of wishes and will include a precedent memorandum of wishes, will also consider the opportunities a good memorandum of wishes can afford and the dangers of a poorly crafted memoranda of wishes.
11 September 2024
Attendees will learn:
This webinar is targeted at all practitioners at all levels but will be of particular interest to practitioners who advise clients who are establishing new trusts or who deal with on-going trust administration (including lawyers, accountants and professional trustees).
Vicki Ammundsen, Director, Vicki Ammundsen Trust Law Limited.
Vicki is a director at Vicki Ammundsen Trust Law. Vicki's approach to trust law is practical but also grounded in a good understanding of trust law principles, related legislation and case law. As the author of a number of texts including Taxation of Trusts, the Trustee's Handbook and Trustee Liability, Vicki is well placed to provide advice on all areas of trust law.
1.5 CPD Hours
