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The much-anticipated Trusts Act 2019 comes into force on 31 January 2021 with fundamental changes for practitioners working in this area including information that must be provided by trustees to beneficiaries of family trusts. This four-part webinar series ‘New Trusts Act’ will consist of:
Webinar 2 - New Trusts Act - Duties of Trustees
One of the key aspects of the new Trusts Act is that trustees’ duties are now set out in the legislation. While largely reflective of the common law duties, there are some changes which are easily overlooked. Both mandatory and default duties will be discussed along with the new restrictions on limiting trustees’ liability for breach of trust. This webinar will consider the practical implications of the changes and help ensure that you are able to provide your clients with robust advice in this area.
Presenters: Chris Kelly and Colette Mackenzie