Description

What’s new, what’s the same?

Trusts can provide enduring long-term intergenerational asset protection. However, changes in trust law, tax law, relationship property law together with increasing global scrutiny means it is important to appreciate the need to review and reflect to ensure that a trust’s purposes can continue to be met.

This webinar, which will explore trust fundamentals by reference to case law and the relevant legislation and will consider:

• how and why trusts are settled
• how to advise on trusts following the enactment of the Trusts Act 2019
• best practice for on-going governance
• compliance obligations, and
• conflict management

HIGHLIGHTS
This webinar, which will conclude with a question and answer section, will cover the fundamentals of settling and administering family trusts in a rapidly changing trust environment.

Topics covered will include:

• The requirements of a valid trust
• AML/CFT considerations and registers of beneficial ownership
• Maximum duration of a trust
• Global considerations
• Beneficiary rights
• Trustee obligations and the extent of personal liability that can be incurred
• The evolution of the taxation regime that applies to trusts
• Memorandum of wishes and other records of trust purposes
• The fundamentals of good trust governance
• Proper decision making, and
• The future of trusts

WHY ATTEND
Trust law is a dynamic and changing landscape – and perhaps never more so than now. This webinar canvasses the fundamental elements of trust law and contemporary considerations regarding settling and administering trusts.

ORIGINAL BROADCAST DATE

14 February 2024

LEARNING OUTCOMES

Attendees will learn:

• The fundamentals of contemporary trust law
• How to advise clients about trusts
• Key aspects of trust governance, and
• Proper decision making

SUITED TO

This webinar is targeted at all practitioners at all levels but will be of particular interest to practitioners who advise trustees or beneficiaries.

PRESENTER

Vicki Ammundsen, Director, Vicki Ammundsen Trust Law Limited.