Advanced Trust Law and Administration
Advanced Trust Law and Administration
| Duration: | 1 day |
| Level: | See Below |
| Suitable for: | All client-facing staff, managers and directors who are involved in trust and company administration and who are interested in expanding their knowledge in this complex and constantly changing area. |
| CPD Hours: | 6 |
| Cost: | £295.00 |
| Dates: | Mon 28 May 2012 Book Now »
Fri 16 Nov 2012 Book Now » |
Overview
This course aims to build on fundamental trust principles and law to equip the trust officer/trust manager with a greater understanding of this complex and rapidly developing area of law.
Course content
Changes in Jersey trust law
- Reservation of power clauses and impact on management and control issues
- Changes to the law on mistake
Trustees duties and liabilities
- Raising the standard
- Consequence of finding a breach
- Recent developments - Article 9 and case law
Information to beneficiary
- Beneficial principle explained
- Impact of Schmidt versus Rosewood
Constructive trusts
- When a constructive trust is imposed
- Knowing receipt
- Knowing assistance
- Remedies available
Sham
- What constitutes a Sham?
- Protective measures to avoid Sham
- Consequence of Sham
- Effect of Esteem Judgment
Effective administration for professional trustees
- How to manage relationships with clients
- Creating effective audit trials
Learning outcomes
Having attended this course, delegates will:
- Have an increased awareness of the risks of poor administration to both settlor, beneficiary and trustee, and strategies to help manage these risks, in particular to recognise the risk of a constructive trust being imposed and the consequences to the trust company
- Appreciate the development of the offshore trust away from the traditional English law model
What's New
Open Day on Saturday 28 April for New Degree Programme
An opportunity to find out more about the BSc (Hons) International Financial Services at the Business SchoolRead More »
CPD Plus Seminar Series 2012-2013 starting 16 May
The 2012–2013 CPD Plus Seminar Series will comprise ten seminars of 50-60 minutes followed by a 15 minute Q&A, plus two highlight events.Read More »