GUEST SPEAKER – GLENDA GRAHAM
Thursday 29th October 2020
1.00pm (start) – 3.00pm (including question time)
Kensington Street, Putaruru
Graham Brown & Co invites you to attend our complimentary seminar, with guest speaker, Glenda Graham. If you know of anyone who would also be interested in this event, you are welcome to bring them along.
Glenda is a Partner at Norris Ward McKinnon, working in the area of succession planning and wealth protection. Glenda has been practicing for 17 years and has a range of knowledge and expertise, from commercial and residential property to preparation of Wills and Enduring Powers of Attorney. Glenda will share some insights around the new Trust Act and practical points for the administration of Trusts in 2021 and beyond.
Why do I have my Trust and does it still serve a purpose?
- Historical reasons to have a Trust – are they still valid?
- Reasons to have a Trust in 2021
What will the new Trusts Act 2019 mean for me?
- Key themes
- Importance of separation between Trust and personal affairs;
- Expectations and processes of Trust Administration;
- Minor amendments in 2019 Act
Practical points for the administration of Trusts in 2021 and beyond
- Information for Trustees, core documents
- Disclosure of information to Beneficiaries (including – defining who beneficiaries are)
- Duties of Trustees
The importance of Wills and Trust Letters of Wishes
- Who will manage the Trust when I am gone?
- What is the purpose of a Letter of Wishes and what should go in it?
- Enduring Powers of Attorney and Trust Powers of Attorney
If the Trust isn’t right for me, then what next?
- Other options – resettlements, change of Trustee, Variation of the Trust Deed
- Considerations for wind up (accounting and legal)
- Process of wind up
Drinks and nibbles provided afterwards. Families are welcome.
Please confirm your attendance by phone or email. Contact our office 07 885 1022 or firstname.lastname@example.org