Overview

This is Unit 14 of the training programme in pursuing the “Trust Training Certificate”.

It consists of two modules:
Module 22: Foundations Overview
Module 23: Parties to a Foundation and their Roles

For the topics to cover, please refer to the content section below.
 

Content

Foundations Overview

- Establishment and registration
- Charter and articles / rules
- Language, form and validity
- Purpose and change of purpose
- Asset protection and anti-forced heirship

Parties to a Foundation and their Roles

- Different parties: founder, council, officers, resident, agent, secretary, supervisory person, beneficiaries, guardian
- Duties and powers of these parties
- Retention of control:
(a) Founder’s powers and rights
(b) Foundation as a PTC
(c) Foundation / limited partnership structure

Who should attend

The course is primarily targeted to those who would like to pursue “Trust Training Certificate” in order to apply for the Hong Kong Trustees’ Association Certified Trust Practitioner? designation.

It is also relevant to those who would like to gain a solid understanding of the course subject matter.