Winding Up a Trust - Online CPD

Package includes:

Online CPD Presentation  l  Electronic Booklet  l  PowerPoint Presentation

Package Fee (incl GST)

• $149 - NZLS members and Associate members
• $179 - Non-members

Note: Access to the online files is via your "My CPD" page. If you would like to purchase multiple packages, please contact us here.

Online CPD Module

The landscape in relation to family trusts has changed significantly in recent years. Legislative developments, including the new Trusts Bill and rules relating to residential care subsidies, can mean that trusts are often no longer fit for their original purpose.

The benefits of using a trust may now no longer outweigh the costs involved with maintaining a trust. As a result, many advisors and their clients are now choosing to wind up their trust arrangements.

This module will discuss the issues to be alert to when advising clients considering winding up their family trust.

Topics covered will include:

• The changing landscape
• Understanding why clients may wish to wind up their trust
• Reviewing the trust deed to ensure it has the appropriate powers
• Matters to be taken in to account when winding up a trust
• Indemnities & trustee liability
• Outlining the possible tax implications of winding up a trust.

Please contact us if you use a dial up internet connection.

Learning objectives

After completing this module you will:

• Be better able to advise your client of the options for winding up a trust.
• Understand the issues to be alert to when advising a client who wishes to wind up a trust.
• Have a broad understanding of the tax implications involved.

Booklet 

Authors: Greg Neill, Ala Sonti
Published: 28 February 2018
Pages: 24

Introduction

There is no introduction for this publication.

PowerPoint Presentation

These are the slides included in the webinar presentation.