The Role of Trusts in Estate Planning
Overview
An introduction to Trusts and their role in estate planning
Trust law is a complex area of law that can traverse a variety of different areas of law including estate planning, family law, revenue law (including tax), business law and property law – just to name a few. Understanding the different elements of trust law is particularly important in the estate planning realm as many clients will present themselves for estate planning advice but may also need succession advice in relation to a trust.
This session will provide a practical overview of trust law including:
- Different types of trusts and their application from an estate planning perspective
- The elements of a discretionary trust deed
- The powers and duties of a trustee
- Asset protection benefits of a Trust
- The importance of succession planning in relation to an inter vivos trust
Learning Outcomes:
You will learn about the basics of Trusts, both testamentary and inter vivos, the different types of trusts that are available and their application in relation to an estate planning practice
Suited to:
Mainly for:
- Lawyers who practice in wills and estates or are new to the area
May also be beneficial for:
- Accountants
- Financial planners
This On Demand includes:
- a recording of the webinar Event which can be viewed multiple times
- a PDF of the presenter’s PowerPoint
- a verbatim Transcript
- any supporting documentation
- a CPD Certificate after successful completion of the Knowledge Quiz
Course syllabus
3 lessons
- Video – The Role of Trusts in Estate PlanningVideo
- FeedbackSurvey
- Knowledge TestTest
Your presenter
Adeline Schiralli,Keypoint Law
Consulting Principal/Accredited Specialist (Wills & Estates)
Adeline is an accomplished estate planning and elder law solicitor with extensive experience developing comprehensive and practical estate plans that suit the individual circumstances of her clients. Adeline is a Consulting Principal at Keypoint Law and holds a Masters of Law (Applied Law) in which she majored in Wills and Estates. She is a member of the NSW Law Society’s Elder Law, Capacity & Succession Committee and was also listed in the Doyle’s Guide 2021 & 2021 as a “Recommended Solicitor” in the category of Wills, Estates and Succession Planning. Adeline is also a NSW Law Society Accredited Specialist in Wills and Estates. Adeline is a committee member of the NSW Law Society’s Elder Law, Capacity & Succession Committee and the current Chair of the NSW Law Society’s Wills & Estates Accredited Specialist Advisory Committee.
Adeline is adept at advising clients on matters including the implementation of wills (particularly sophisticated testamentary trust wills), powers of attorney and enduring guardianships, superannuation death benefit nominations and properly gifting the control of entities (including private companies and/or trusts) to the appropriate person(s) in the event of death and/or incapacity. Adeline can also assist clients in relation to the administration of a deceased persons’ estate and regularly advises clients in relation to retirement village contracts and aged care agreements.
Adeline is passionate about obtaining peace of mind for her clients in relation to their estate planning and elder law needs, and regularly presents seminars to other solicitors, professionals and to members of the public in the area of wills, estates and elder law. Her approach is underpinned by her commitment to achieving peace of mind for her clients in relation to their wills, estate planning and elder law needs. She has a “no-nonsense” style to advising clients in all aspects of wills, estates and elder law and her attention to detail is exemplary. Adeline takes a holistic approach to estate planning and works closely with her client’s other advisors (accountants, financial planners, business advisors etc.) to best achieve her client’s objectives.