Lifetime Trusts and Their Practical Uses

A two day trust course designed for delegates with an already existing basic knowledge of trusts.

This course is a good follow on from our one day introduction to trusts course and provides a more in depth understanding of trusts and their administration.

• Formalities of a trust, an explanation of the role of the trustee and their duties
• An explanation of the different types of lifetime trusts and their administration
• A look into trust clauses using case studies
• Taking instructions from clients
• Identifying when assets transferred into trust will attract entry and anniversary charges
• Tax mitigation or protection with trusts – the importance of early identification
• The life cycle of a trust
• Looking after vulnerable beneficiaries in trusts
• How to wind a trust up
• Appointing out trust assets and a study of the documentation required to do so
• Selling of the trust property and purchase of a new one including the trustees responsibilities
• Sham trusts – where trusts can go wrong

2019 Dates: