Role and responsibilities of a trustee
Professional Development
Overview
This course further expands on the introduction to trust and trust deed courses, explaining the role and responsibilities of trustees. This is especially with regards to effective administration, decision making and how to avoid pitfalls such as “shams”.
Suitable For
Senior trust administrators and 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 trustees' duties and powers, and how to avoid the potential liabilities of the position
- Be able to explain the rights of trust beneficiaries to information
- Describe what is meant by a “sham” and the practical methods that can be used to avoid them
SESSION CONTENT
- What is a trustee?
- Trustees' duties, powers and liabilities
- Beneficiaries’ rights and the dangers of ‘sham’ trusts
- Trustee decision making
- Trustee meetings and records