Administering an Existing Trust - Practical Pointers for Private Client Professionals

Introduction

This new virtual classroom seminar will provide you with the knowledge and practical skills needed to review an existing trust, pick up on any ongoing issues, and to take active steps to complete the trust’s administration.

The session will cover all legal, tax, and compliance points, as well as practical steps to take.

What You Will Learn

This live and interactive course will cover the following:

• Review of an existing trust
• Establishing the type of trust
• Considering terms of the trust (some of which depend on the date that the trust was established)
• Considering the tax treatment of the trust, and reviewing historic tax points
• Ensuring that the trust continues to meet all tax liabilities
• Review of historic administration of the trust, and considering whether steps should be taken on the trust
• Review of the distribution policy and seeing if there are opportunities to distribute from the trust
• Review of the assets of the trust - ensuring that all due diligence has been taken in respect of the trust
• Considering compliance of the trust

Recording of live sessions: Soon after the Learn Live session has taken place you will be able to go back and access the recording - should you wish to revisit the material discussed.