Events by this organizer

Periodic Charges on Trusts vs 40% IHT down the generations

Which route is the most tax efficient?

Agenda

• Inheritance Tax – 6% every 10 years or 40% on death… which is best?
• Discretionary Trusts vs no Trusts – which beneficiaries end up better off?

Join us on Zoom on Friday 6th May.

10:00am – 11:00am

Friday 6^th May: https://countrywidegroup-co-uk.zoom.us/webinar/register/5716498445839/WN_kWRs3NrDQ1uDpyjgJFS41Q

Periodic Charges on Trusts vs 40% IHT down the generations

Which route is the most tax efficient?

Agenda

• Inheritance Tax – 6% every 10 years or 40% on death… which is best?
• Discretionary Trusts vs no Trusts – which beneficiaries end up better off?

Join us on Zoom on Monday 9th May.

10:00am – 11:00am

Monday 9^th May: https://countrywidegroup-co-uk.zoom.us/webinar/register/3416498466903/WN_L5gD9jvwRW2d1DSIkEdY4Q

We talk about the use of Trusts as a means of protection for your clients and their families, but how does a Trust ensure that the assets are utilised for the chosen beneficiaries? Are you clear on the possible implications in relation to divorce and long term care if Trustees (and Beneficiaries) disclose trust assets and information to third parties?

What do Trustees need to do to ensure that the wishes of the Settlor are followed? What do they need to be aware of when considering how best to achieve the aims in the Memorandum of Wishes? Do they know how best to anticipate and manage the needs of the beneficiaries across the lifetime of the Trust, which could be up to 125 years (in England & Wales).

What can go wrong if Trustees don’t understand their legal obligations?

Having launched a new software process to arrange and hold Trustee Meetings, join us for a “deep dive” into the importance of Trust Management – and understand what can go wrong if Trustees aren’t aware of the duties they are placed under.

Agenda:

The Importance of a Professional Trustee

• Why your clients need a Professional Trustee – the implications: tax, divorce, care
• How to appoint Trustees

What’s involved?

• What the Trust Administration process involves.
• When and why should Trustee meetings be held.
• What happens at a Trustee meeting.
• Types of meetings: death of a settlor, sale and/or purchase of properties, removal of a restriction, RNRB, family conflict, mediation and resolution.

The practicalities

• The process using Countrywide Legacy
• Related services we offer: probate, property sales & purchases, accountancy.
• Real Life case studies.
• What’s in it for me?

This course is being held remotely on Monday 16th May from 09:30am – 1:00pm.

Register here: https://ctt-group.co.uk/training-event/complete-guide-to-the-life-cycle-of-a-trust-16th-may/