Trusts & Succession (Scotland) Act 2024 - An Essential Update for Private Client Professionals - Webinar

Introduction

The long-awaited Trusts & Succession (Scotland) Bill was presented to the Scottish Parliament on 22 November 2022 and received Royal Assent on 30 January 2024.

Many of its provisions are not yet in force but how will the new Trust Act assist those in practice and what updates do those working in this specialist field need to be aware of?

This webinar will provide private client professionals with an understanding of how the Act aims to modernise trust law and resolve many of the issues faced by those in practice on a regular basis.

What You Will Learn

This webinar will cover the following:

• Incapacity of the settlor, protector or trustee
• Removal of trustees
• Trustees duties of disclosure
• Trustees fiduciary duties
• Trustees duty of care for lay and professional trustees
• Pro forma trust deeds
• Variation of trusts

This webinar was recorded on 12th June 2023

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