1 CPD Hour

  • On Demand Event
    Complete online in your own time (Self-paced)
    • $180.00 excl. GST

Description

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

HIGHLIGHTS
This webinar, which will conclude with a question and answer section, will consider the options for varying a deed of trust together with careful consideration of possible tax consequences. The provisions of the (draft) Trusts Bill will also be considered

Topics covered will include:

  •  Powers of variation including statutory powers of variation – and the powers in the (draft) Trusts Bill 
  •  Mechanics of variation 
  •  Options where there is no power of variation 
  •  The line between variation and resettlement 
  •  Unintended tax consequences 
  •  Case law up-date 
  •  Varying mirror trusts 

WHY ATTEND
Trusts are routinely varied. However, the consequences of variation can be far reaching especially where a variation effects a resettlement with the attendant tax consequences. This webinar will educate on the options for variation while alerting practitioners to the tax risks that can accompany certain variations.

LEARNING OUTCOMES

Attendees will learn:
• The mechanics of the variation of trusts
• Tools to help determine whether or not a variation is a resettlement
• The consequences of a fundamental variation
• When the assistance of the court should be sought to vary a trust
• Tips and traps

SUITED TO

This course 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.

PRESENTER

Vicki Ammundsen, Director, Vicki Ammundsen Trust Law Limited