Trust Issues for Professional Deputies - Top Tips for Private Client Practitioners

Introduction

Professional deputies may be required to navigate trusts that have already been created or that may be necessary in the future.

This might involve the placement of a personal injury award, a trust for vulnerable beneficiaries etc.

Professionals may also be asked to consider whether a deputyship arrangement is the correct way forward for a client or whether the creation of a trust to protect their money would be better.

This webinar offers practical tips and advice about how these trusts operate, the implications that they might have for the management of a person’s finances and how the Court of Protection might be involved.

It will be useful for private client practitioners who are already working in this area or who are looking to expand into advising clients about deputyship.

What You Will Learn

This webinar will cover the following:

• The types of trusts that professional deputies may encounter and what they are
• How to establish those trusts
• Which trusts may be helpful for certain clients (e.g., if they get a personal injury award)
• What the Court of Protection will need to be told

This webinar was recorded on 13th March 2023