Description

Delve into the Supreme Court's Impact on Trust Practices. Key Case Insights and Practical Guidance including analysis in Cooper v Pinney and Legler v FormannoijI.

This webinar will:

• explore the background of each case and the relevance of each decision for day-to-day trust practice
• consider what the decision in Legler v FormannoijI means in the context of the appointment of beneficiary controlled corporate trustees
• canvas how “proper purpose” is judged in the context of a trustee appointment
• reflect on the key points of the dissenting judgment in Legler v Formannoij
• provide guidance regarding how to assess the substance of rights or powers in a family trust to determine whether these can properly be treated as “property” rights or interests falling within the ambit of the Property (Relationships) Act 1976

The webinar, which will conclude with a question-and-answer session is accompanied by a paper that analyses the Supreme Court decisions in Cooper v Pinney and Legler v FormannoijI.

LEARNING OUTCOMES

Attendees will learn:

• why the Supreme Court denied the appeals in Cooper v Pinney and Legler v Formannoij
• the key take-away from the dissenting judgment in Legler v Formannoij
• the practical ramifications of Legler v Formannoij for corporate trustees
• the extent of restraints on fiduciary powers that are necessary to avoid the creation of rights or powers that could be treated as relationship property following the decision in Cooper v Pinney

SUITED TO

This webinar is targeted at all practitioners at all levels with an interest in trust law but will be of particular interest to practitioners who advise clients who are establishing new trusts, varying existing trusts , appointing settlor controlled corporate trustees or seeking advice regarding trust governance.

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.