The Essential Guide to Testamentary Trusts (NSW)

This program is delivered by The Education Network partner - The College of Law.

Join us for a half-day live webinar and learn the fundamental principles surrounding testamentary trusts. Whether you are a new legal practitioner, exploring a new practice area or want to refresh your knowledge, this course is for you!

Facilitated by Robert Monahan, Accredited Specialist in Wills and Estates, Monahan Estate Planning

At the end of this course you will:

• Understand the various types of testamentary trusts
• Learn taxation differences between different testamentary trusts
• Attain essential knowledge to draft testamentary trusts
• Understand which type of trust to appropriately apply to specific fact scenarios

Feedback from past attendees:

• “An excellent workshop with a highly knowledgeable and entertaining presenter.”
• “Excellent by a highly experienced presenter. I was simply interested in hearing if Robert had any nuanced points of benefit to me. The answer is yes.”

AGENDA

9.30am: Login and Welcome

9.35am: Introduction and overview

9.40am: Introduction to testamentary trusts

• Contrast between will drafting and estate planning
• What is estate planning – the proper diagnosis
• Lawyers liability to will maker and beneficiaries

10.40am: Stretch break

10.45am: What is a testamentary trust and types of trusts

• Types of testamentary trusts overview
• Testamentary trusts and taxation
• The taxation differences

11.45am: Stretch break

11.50am: Types of testamentary trusts

• Minors trusts
• Rules in Saunders & Vautier
• Life Interest trusts
• Payment of outgoings
• Adequate provision for a spouse?
• Substitute accommodation provisions
• Special needs trusts
• Distinguished from protective trusts
• Social security implications
• Charitable trusts
• Cy-pres doctrine
• Taxation
• Discretionary trusts
• Beneficiaries

12.50pm: Stretch break

12.55pm: Case Study

• Factual scenario
• Matters to consider

1.30pm: Close