Webinar – Are trusts a thing of the past?


SFE webinar series 2018 – webinar 10

29 November 2018 @ 1:00 pm – 2:00 pm

Speaker: Professor Lesley King

Venue: online

Categories: ,

Course content

Trusts in 2018

Trusts are an important resource and can often solve problems where there are second families and competing calls on family assets. However, there is an increasing regulatory burden associated with trusts which may make advisers and clients more cautious about their use. This webinar will consider

  • The benefits of trusts
    • providing for persons in succession
    • protecting vulnerable beneficiaries
    • buying time and flexibility
    • protecting assets
  • The choice of trust:
    • lifetime or on death?
    • interest in possession?
    • Contingent?
    • Discretionary?
  • IHT treatment of:
    • relevant property trusts,
    • trusts qualifying for privileged IHT treatment (IPDIs, trusts for bereaved minors/ bereaved young persons, trusts for the disabled)
  • Simplifying administration of trusts
    • mandating income
    • debt/charge arrangements
  • How to end a trust:
    • by agreement between beneficiaries
    • exercise of trustees’ powers of appointment or advancement
    • fulfilling contingency
    • IHT implications
  • The future of trusts
    • still worthwhile?

    About the speaker

    Professor Lesley King is a member of the Probate & Estates Committee of STEP, a former member of the Law Society’s Wills & Equity Committee and an honorary member of the Association of Contentious Trust and Probate Specialists. She is Professional Development Consultant at the University of Law. She is co-author of Wills, Taxation and Administration: A Practical Guide; A Modern Approach to Wills, Administration and Estate Planning (with Precedents); A Modern Approach to Lifetime Tax Planning for Private Clients (with Precedents); A Practitioner’s Guide to Wills; The Will Draftsman’s Handbook; Wills: A Practical Guide; and editor of The Probate Practitioner’s Handbook. 

    She is a contributor to the Wills and Trusts volumes of Halsbury’s Laws and the Encyclopaedia of Forms and Precedents and to The Law and Ethics of Dementia.

    She is the wills and probate columnist for the Law Society Gazette, and writes and lectures extensively on wills, taxation and related matters.