Course description
When trustees decide to exercise a power of distribution from a trust this can often be the most important decision they make. It is important therefore that trustees and those that advise them are fully conversant with the relevant law and principles in this area.
Presented by expert barrister Andrew Willetts, this live and interactive broadcast session will provide you with the necessary legal and statutory tools to assist when exercising your powers. Topics discussed will include the classification of beneficial interests under trusts, the right to call in trust property, distribution generally, classification and exercise of powers (including appointment and advancement), and lawful departure from trusts so as to add or increase management or administrative powers (including s57 Trustee Act 1925 and The Variation of Trusts Act 1958).
Upcoming start dates
Outcome / Qualification etc.
Training Course Content
Introduction
When trustees decide to exercise a power of distribution from a trust this can often be the most important decision they make. It is important therefore that trustees and those that advise them are fully conversant with the relevant law and principles in this area.
This live broadcast session on distributions from trust property aims to provide you with the necessary legal and statutory tools to assist when exercising your powers.
What You Will Learn
This live and interactive session will cover the following:
- Classification of beneficial interests under trusts
- The right to call in trust property
- Distribution generally
- Classification and exercise of powers (including appointment and advancement)
- Lawful departure from trusts so as to add or increase management or administrative powers (including s57 Trustee Act 1925 and The Variation of Trusts Act 1958)
Expenses
MBL Seminars Limited
MBL is a leading learning and development provider for professional service firms. Over the past 18 years, more than 198,000 people across 23,000 different organisations spanning 81 countries, have chosen us to deliver their training. With over 800 expert speakers...