[Webinar] Trust Training Certificate (TTC) - Unit 2: Types of Trusts and When Appropriate

[Webinar] Trust Training Certificate (TTC) - Unit 2: Types of Trusts and When Appropriate

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: Types of 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

The course is primarily targeted to those who would like to pursue the "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 and / or those who plan to enter into the Trust industry sector.

Financial Incentive Scheme of the WAM Pilot Programme

This is one of the eligible courses / seminars under the Financial Incentive Scheme (“The Scheme”) of the WAM Pilot Programme.

Eligible in-service practitioners of the financial services industry could apply for a reimbursement up to 80% of the course / seminar fees, or a maximum of HK$10,000 per person throughout the period of 1 October 2016 to 31 March 2023 upon satisfactory completion.

Each individual may apply for reimbursement for more than one course / seminar subject to a maximum of HK$10,000 but each course / seminar can only be reimbursed once.

The duly signed application form together with the FIVE supporting documents must be submitted within FOUR months from the last day of the course / seminar attended. Please refer to the WAM Pilot Programme website for more details.

WAM Pilot Programme Special Requirements

If you plan to apply for reimbursement under the Financial Incentive Scheme (FIS), please ensure your device/computer has the camera feature or with webcam installed as you are required to turn on your camera throughout the webinar.

Speaker/Course Instructor

Stefano MARIANI
Stefano heads the tax and trusts practice at Deacons. He has a broad range of advisory and contentious tax experience, ranging from corporate taxation and group reconstructions to personal taxation and trusts and estate planning and management. He advises on all matters of Hong Kong and international tax law, including tax-efficient structuring and restructuring, and tax appeals before the Board of Review and the higher courts. His experience includes cross-border tax planning and Double Taxation Treaty driven tax structuring. Stefano further advises on all areas of Hong Kong and international trusts, estate planning, and charities, including the drafting of trusts instruments, restructuring of trusts structures, and trusts dispute resolution.

Details

Code
TQPFR21001601
Date & Time
Tuesday, 23 Mar 2021 (6:00PM - 9:00PM)
Venue
Virtual Platform
Language
English
Level
Introductory
Hours
SFC:3.00, PWMA:3.00, LawSociety:2.50, HKTA:3.00

Participants who wish to register into all seven (7) units of training sessions, please click here.

Participants who wish to register into all seven (7) units of training sessions and examination, please click here.