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 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 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