Mastering Testamentary Trusts (NSW)
Date/Time
10 September 2024
Live and Online
9.30am to 1.30pm AEST
About the
College of Law Courses
This program is delivered by TEN The Education Network partner - The College of Law. For further information and to view the full program please select the orange “Further Information and Purchase” button.
Looking to build on your understanding of common testamentary trusts so you can provide precise and accurate advice to your clients?
In this program, take your knowledge to the next level with Accredited Wills and Estates Specialist, Robert Monahan. Hone your skills to prepare testamentary trusts, while managing the risks in the process.
At the end of this program, you will:
- Receive an overview of the types of testamentary trusts and when to use them
- Build on your skill set to understand tax advantages or tax traps
- Fine-tune your knowledge on asset protection features for different testamentary trusts
- Master trustee duties and powers and the rights of beneficiaries
- Attain critical knowledge to draft and prepare testamentary trusts
The program
Facilitated by Robert Monahan, Accredited Specialist in Wills and Estates, Monahan Estate Planning
9.30am: Welcome
9.35am: Introduction and overview
9.40am: Testamentary trusts and taxation
• Tax traps
• The issues surrounding GST, capital gains and stamp duty
• Testamentary trusts and asset protection
o Protect beneficiaries for themselves
o Protect beneficiaries from claims by creditors or estranged spouses
o Maintain capital for more than one generation of beneficiaries
10.40am: Stretch break
10.45am: Complexity vs knowledge and approval
• Drafting issues
• Superannuation issues
• Issues around family trusts and other structures used by clients
11.45am: Stretch break
11.50am: Case study and drafting testamentary trusts
• Factual scenario
• Matters to consider
• Practical drafting exercises
1.30pm: Close
CPD information
3.5 CPD Points:
- Substantive Law – 1 Points
- Professional Skills – 2.5 Points
Enquiries/Assistance
If you have any questions, please contact The College of Law’s Customer Engagement team on Tel 02 9965 7111 or email [email protected]