Description

This webinar provides a considered study of the mechanics and practical implications of resettlement.

The materials that accompany the webinar include a helpful checklist, a precedent deed of resettlement and trustee resolutions.

HIGHLIGHTS:
This webinar, which will conclude with a question and answer section, considers resettlement from a range of perspectives, with and without the assistance of the court.

Topics covered include:

• What is a resettlement?
• Proper decision making in the context of a resettlement
• Powers of resettlement in trust deeds
• Resettlement by unanimous consent
• Powers of the court to approve resettlement
• The mechanics of resettlement
• Trustee liability from the perspective of the resettling trustee
• Tax considerations
• Case law up-date

WHY ATTEND
Trusts are routinely resettled. However, the consequences and process of resettlement require careful consideration. This webinar will educate on the mechanics of resettlement, resettlement with the assistance of the Court. Particular consideration will be given to pitfalls and traps and what steps can be taken to recognize and avoid these.

ORIGINAL BROADCAST DATE

7 August 2024

LEARNING OUTCOMES 

Attendees will learn:

• The mechanics of resettlement
• How to draft a deed of resettlement and the relevant trustee resolutions
• When the assistance of the court should be sought to resettle a trust, and
• Tips and traps

SUITED TO 

This webinar 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 and resettlement.

PRESENTER

Vicki Ammundsen, Director, Vicki Ammundsen Trust Law Limited.