Trust deeds

Professional Development

Overview

This course introduces the trust deed to participants. As well as examining the structure of a trust deed the practical effect of indemnities and letters of wishes will also be investigated. The effect on administration of a protector appointment will also be covered.



Suitable For

Employees within financial services who wish to gain knowledge of trusts and how they operate.

2 CPD hours
2 hours
Jersey

This session 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 how a trust deed is structured
  • Be able to explain the effects of various specific areas of the deed
  • Understand the role of protectors and the effect on practical trust administration

SESSION CONTENT

  • Creation and structure of the deed
  • Trustee exoneration: indemnities, effect of West v Lazard Brothers
  • Bartlett clauses
  • Settlor and potential issues with trustees
  • Letters of wishes/memorandum of wishes
  • Protectors: description and powers, including various cases
  • Beneficiaries right to vary: Saunders v Vautier