Managing trusts: from instruction to distribution

Managing a trust involves a wide range of legal, tax and practical considerations, from the initial instruction and creation of the trust through to its ongoing administration and eventual distribution.

This practical one-hour webinar provides a concise overview of the trust management process, highlighting the key issues practitioners need to consider at each stage, including recent tax and compliance changes, trustee responsibilities, administration, meetings, investments and taxation, before turning to the finalisation of the trust. It is designed to give advisers to trustees and professional trustees a clear and practical overview of the trust lifecycle and the issues they need to address along the way.

Topics covered include:

• An overview of recent tax and compliance changes impacting trusts and trust registration
• An overview of the law of trusts;
• A review of factors to consider on creation of trusts,
• A review of factors to consider during the trust administration period, trustee meetings, minutes, investment advice, inspections, income tax returns, capital gains tax issues, exit and anniversary charges;
• A review of what to consider when finalising trusts.