What is a Trust?
Professional Development
Overview
Provides an overview of the origins of a trust relationship. Describes and explains the terminology used in the sector, assisting new professionals to identify key issues. Covers the common types of trust in use including the basics of trust administration and common problems that may occur.
Suitable For
New entrants into the industry and junior administrators.
2 CPD hours
2 hours
Jersey
This course has already run and a new date has not yet been scheduled. Please contact us to register your interest.
Learning Outcomes
Having attended this course, delegates will:
- Understand the origin of trusts
- Be able to explain basic trust concepts and terminology
- Discuss the uses of various types of trust
SESSION CONTENT
- What is a trust and why clients use them
- How is a trust created and who are the parties to a trust?
- Settlors, beneficiaries and Trustees
- Types of trusts used in offshore jurisdictions and rationale
- Trust documentation and roles and responsibilities