A Guide to Variation of Trust Deeds
Master how to deal with variations of trust deeds when circumstances change. Examine what to look for in a review, essential clauses, the terms of any variation power, and when to rely on a variation power to amend a trust instrument. Gain insights on adding and removing beneficiaries, settlement versus resettlement, transfer duty implications, vesting issues, trustee powers, beneficiary considerations and more. This session is a must attend for all commercial, corporate and wills & estates practitioners.
Description
Attend and earn 1 CPD point in Competency Area 4: Substantive Law
This program is applicable to practitioners from all States & Territories
A Guide to Variation of Trust Deeds
- What do you look for in a review?
- Essential clauses
- Settlement or resettlement?
- Adding and removing beneficiaries
- Lost or unstamped deeds
- Transfer duty issues arising from amendments
- Other Issues
- Vesting date
- Trustee powers
- Class of beneficiaries
Presented by Clifford Hughes, Principal, Clifford Hughes & Associates; Accredited Specialist in Business Law; Accredited Specialist in Taxation Law
Presenters
Clifford Hughes consults to legal, accounting and planning practices in respect of taxation, business structuring and succession issues for their clients. He is an Accredited Specialist in Taxation Law, an Accredited Specialist in Business Law and a Chartered Tax Adviser.