Overview

This is Unit 2 of the training programme in pursuing the "Trust Training Certificate".

It consists of two modules:

Module 4: Types of Trusts and their uses

Module 5: Retention of control

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

If the participant is intended to pursue the "Trust Training Certificate", he / she is required to take "TTC Unit 1: Introduction to Trusts" prior to attending this unit. 

Content

Types of Trust and their uses

1. Protective Trust
2. Charitable Trust
3. Non-Charitable Purpose Trust
4. Investment vehicle in the form of a trust
5. Pension Trust
6. Employee Benefit Trust (e.g. employee stock ownership)
7. Discretionary (and Letters of Wishes)
8. Bare Trusts, Declaration of Trust, Two-party Trust (Co-fiduciary Trust)
9. Fixed Interest Trust
10. Revocable or Irrevocable Trust
11. Resulting Trust / Constructive Trust

Retention of control

1. Reserved Power Trust
2. Private Trust Company’s
3. Use of VISTA / LST / SISTA trusts
4. Trust / Limited Partnership structure

Who should attend

This course is primarily targeted to those who would like to gain a solid understanding of the course subject matter and / or those who plan to enter into the Trust industry sector.