Trustees’ Powers of Distribution - The Legal & Statutory Tools

Introduction

When trustees decide to exercise a power of distribution from a trust this can often be the most important decision they make. It is important therefore that trustees and those that advise them are fully conversant with the relevant law and principles in this area.

This live broadcast session on distributions from trust property aims to provide you with the necessary legal and statutory tools to assist when exercising your powers.

What You Will Learn

This live and interactive session will cover the following:

• Classification of beneficial interests under trusts
• The right to call in trust property
• Distribution generally
• Classification and exercise of powers (including appointment and advancement)
• Lawful departure from trusts so as to add or increase management or administrative powers (including s57 Trustee Act 1925 and The Variation of Trusts Act 1958)

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.