Which Trust Is It? - A Practical Guide to Getting It Right

Introduction

Confused about what type of trust has actually been created and what it means for tax and administration?

Trusts are widely used in wills and lifetime settlements, yet in practice they often create uncertainty for advisers and practitioners.

This new virtual classroom seminar cuts through the confusion, offering a clear and practical framework to identify different types of trusts and understand their real-world implications, brought to life with relatable, real examples.

Register today to gain the clarity and confidence you need to apply trust principles effectively in your day-to-day work.

What You Will Learn

The session will cover the following:

• How to read a will clause or settlement and identify the trust created
• How to distinguish between key trust types in practice, including:
• Bare trusts
• Interest in possession trusts
• Relevant property trusts
• Disabled persons trusts
• 18-25 trusts
• Bereaved minor trusts
• The distinction between legal structure and tax treatment
• Common misconceptions and practical pitfalls (including RNRB issues)
• How to apply principles to real-life drafting and advisory situations

Recording of live sessions: Soon after the Learn Live session has taken place you will be able to go back and access the recording - should you wish to revisit the material discussed.