Description
Note: this webinar is the first of a two-part series. You can save 10% by purchasing both webinars together.
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Understand the risks inherent in trusteeship, how trustee liability arises, where the risks lie, and the practical steps trustees can take to protect themselves
Trustees act personally and must remain alive to the risks of action and inaction. However, not all decisions, even flawed decisions, necessarily lead to actionable claims against trustees.
This webinar is the first of two webinars considering trustee liability. Part 1 explores how liability arises and Part 2 will examine rights of indemnity and how these can be preserved or compromised.
HIGHLIGHTS
This practical webinar, which includes a casebook and concludes with a question and answer section, will review contemporary case law in order to canvas:
- trustee liability on account of breach of duties
- trustee liability between trustees and third parties
- limitation of liability, and
- liability in the context of “professional” trustees
WHY ATTEND
Trustee liability can arise in a myriad of circumstances. This practical webinar will highlight the importance of appropriate protections to avoid and manage risk.
LEARNING OUTCOMES
Attendees will learn:
- How to practically assess the risks of trusteeship
- The extent to which trustees can limit liability
- The parameters of risk between:
- trustees and beneficiaries, and
- trustees and third parties
SUITED TO
This webinar is targeted at practitioners at all levels but will be of particular benefit to practitioners who advise trustees or who are trustees or directors of trustee companies.
PRESENTER
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.
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