Mastering Testamentary Trusts (NSW)
Date/Time
28 February 2024
Online
9.30am - 1.30pm AEDT
About the
College of Law Courses
This program is delivered by The Education Network partner - The College of Law.
Are you looking to build on your understanding of common testamentary trusts so you can provide precise and accurate advice to your clients?
In this webinar, take your knowledge to the next level with Accredited Wills and Estates Specialist, Robert Monahan and hone your skills to prepare testamentary trusts, while managing the risks in the process.
At the end of this live webinar, 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
- Facilitated by Robert Monahan, Accredited Specialist in Wills and Estates, Monahan Estate Planning
Feedback from past attendees:
- “Fantastic presenter – probably best I’ve been to.”
- Having one lecturer for half a day was a great format. It really felt comprehensive, given the complex nature of testamentary trusts.”
Who should attend
This live webinar is recommended for solicitors in NSW. It is aimed at practitioners in general practice, advanced practitioners looking to upskill, probate lawyers, family law practitioners, financial planners, accountants and more.
This webinar is produced in NSW and features an NSW-based practitioner. The webinar is available to all NSW-based practitioners.
The program
9.30am: Login and 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
- Protect beneficiaries for themselves
- Protect beneficiaries from claims by creditors or estranged spouses
- 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
Substantive Law – 1 Points
Professional Skills – 2.5 Points
This course is not an approved CPD activity for Western Australian practitioners