The long-awaited Trusts Act 2019 comes into force on 31 January 2021 with fundamental changes for practitioners working in this area including the information that must be provided to beneficiaries of family trusts.
Following on from a session at the Auckland CPD Top-Up Day on 13 February this year, this webinar will consider the practical aspects of the new legislation and the steps you need to take in order to be ready for 2021.
The Trusts Act will replace the Trustee Act and the Perpetuities Act and is intended to:
However, the flexibility of the common law will be preserved to allow continued evolution of trust law to reflect the place of trusts in society. An 18-month transition period applies to most of the provisions of the Trusts Act. The most significant change for most family trusts will likely be the legislated presumption that trustees will notify all beneficiaries of trusts with the introduction of clear rules about when trustees are required to provide information to beneficiaries so that beneficiaries can enforce their rights.
After this webinar you will be able to:
Family, Property, Trusts & Estates Practitioners.
A background book written by the presenters is available in hard copy, PDF, or both. Please indicate your choice upon registration.
For information on what is required to participate in the webinar, click here.
View PDF brochure and registration form here.
|I can't attend, but please let me know when the book is available to purchase.|
Since the webinar is available to registrants as an archive after the live presentation, there is no cancellation – we just transfer your user status as a registrant from the live presentation to a purchaser of the webinar package of recorded webinar, PowerPoints and booklet.