Course description
Trusts can sometimes be overlooked as an option for lifetime planning and their uses within estates, however when prepared properly these can be great tools in a practitioner's armoury to ensure that a client's needs are met.
Problems can arise however if the trust is not drafted properly, and this has led to cases where the objectives of the trust may not be met, or beneficiaries have lost out. Tax complications can also cause problems and full advice and careful drafting should be done at the start to ensure the objectives of the trust are being met.
Presented by the hugely popular speaker Helen Forster, this introductory level virtual classroom seminar will steer you on the right path. It will cover the tax implications of RPTs and 2-year nil rate band trusts, common drafting errors to look out for, and much more.
Upcoming start dates
Outcome / Qualification etc.
Training Course Content
Introduction
Trusts can sometimes be overlooked as an option for lifetime planning and their uses within estates, however when prepared properly these can be great tools in a practitioner's armoury to ensure that a client's needs are met.
Problems can arise however if the trust is not drafted properly, and this has led to cases where the objectives of the trust may not be met, or beneficiaries have lost out.
Tax complications can also cause problems and full advice and careful drafting should be done at the start to ensure the objectives of the trust are being met.
This introductory level virtual classroom seminar will steer you on the right path.
What You Will Learn
This new virtual classroom seminar will cover the following:
- The most common types of trust:
- Bare trusts
- Life interest trusts
- Discretionary trusts
- Personal injury trusts
- The tax implications of RPTs and 2-year nil rate band trusts
- Case law
- Trust drafting- layout, standard clauses to include, and practical tips
- Common drafting errors to look out for
- Amending a trust
Expenses
MBL Seminars Limited
With over 1,000 expert speakers covering more than 3,360 different topics, our course portfolio is vast and can be delivered either online or in-person. With over 450 years of collective professional development experience, we are proud to be trusted to...