Lessons to learn - mistakes to avoid
In Hoglie Trustee Limited as trustee of the Larry Robertson Family Trust the definition of “Final Beneficiaries” was linked the definition of “Discretionary Beneficiary” notwithstanding that Discretionary Beneficiaries were not otherwise referenced in the terms of the trust. The result of this was that the trust did not meet the requirements of section 15 of the Trusts Act 2019 due to the failure to properly identify the trust’s beneficiaries.
In this practical webinar, which will include a comprehensive paper and sample clauses, Vicki Ammundsen will guide her audience through the key clauses in trust deeds, what they mean, when variation is appropriate and how to ensure a cohesive trust deed that is fit for purpose.
The webinar will reference contemporary case law and will highlight pit falls and traps for the unwary as well as providing invaluable drafting guidance.
Attendees will learn the rules of interpretation that apply to trust deeds; how to review and amend clauses in trust deeds; and how to confidently navigate and explain trust terms.
This webinar is targeted at practitioners at all levels but will be of particular benefit to legal executives, junior and intermediate lawyers and accounting professionals.
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.
1.5 CPD Hours
