An Introduction to Trusts and Taxation – 5 Part Series

Trusts can sometimes be overlooked as an option for lifetime planning and their uses within estates, however when prepared properly these can be great tools in a practitioner’s armoury to ensure that a client’s needs are met.

Problems can arise however if the trust is not drafted properly, and this has led to cases where the objectives of the trust may not be met, or beneficiaries have lost out.

Tax complications can also cause problems and full advice and careful drafting should be done at the start to ensure the objectives of the trust are being met.

This 5-part seminar series will steer you on the right path and provide practical advice and processes to enable you to advise clients and navigate through the minefield of trust management.

What You Will Learn:

This course will cover the following:

• The most common types of trust:
  • Bare trusts
  • Life interest trusts
  • Discretionary trusts
  • Personal injury trusts
  • Disabled Persons trusts
• The tax implications of Trusts
• Case law
• Trust drafting- layout, standard clauses to include, and practical tips
• Common drafting errors to look out for
• Amending or varying a trust
• Winding up a trust- the pitfalls.
• The TRS and the registration process

Who Should Attend:

This course is suitable for fee earners and support staff of all levels working or starting in the area of Trusts, whether setting them up in someone’s lifetime or managing them in a Will, or on death.

Level:

All levels can benefit from this seminar

Dates:

• Thursday 6^th Feb 11am
• Thursday 13^th Feb 11am
• Thursday 20^th Feb 11am
• Thursday 27^th Feb 11am
• Wednesday 5^th March 11am