Wealth Management

[Webinar] Trust Training Certificate (TTC) (version 2.0) - Unit 4: Trusts Compared with Other Estate Structuring Vehicles

Overview

This is Unit 4 of the "Trust Training Certificate" ("TTC") (version 2.0) training programme.

It consists of the following module:
Module 7: Trusts Compared with Other Estate Planning Vehicles

For details on the topics to be covered, please refer to the 'Content' section below.

If you wish to register for the full TTC (version 2.0) Part A training programme and examination, click here.

Objective

On completion of the course, learners should be able to:
(a) Recognise various estate structuring vehicles
(b) Explain the key features of these various estate structuring vehicles, their differences and their respective advantages and disadvantages
(c) Be aware of how these other estate structuring vehicles are used in different jurisdictions and why they are used (e.g. laws)

Content

Module 7: Trusts Compared with Other Estate Planning Vehicles:
1. The general nature of trusts, foundations, private companies, partnerships and limited partnerships, and segregated portfolio companies
2. Factors of comparison
3. Key benefits, shortcomings and differences regarding trusts, foundations, private companies, partnerships and limited partnerships, and segregated portfolio companies

Who should attend

This course is primarily designed for individuals who are interested in obtaining the "Trust Training Certificate" to qualify for the Hong Kong Trustees' Association Certified Trust Practitioner™ designation.

It is also relevant for individuals seeking a comprehensive understanding of the course subject matter and those planning to enter the Trust industry sector.

Financial Incentive Scheme of the WAM Pilot Programme

This course has already been approved as an eligible course of the Financial Incentive Scheme for Professional Training (“the Scheme”) under the Pilot Programme to Enhance Talent Training for the Asset and Wealth Management Sector (“the Pilot Programme”). The Scheme aims to enhance the competency and professionalism of in-service practitioners within the asset and wealth management sector and to assist other practitioners within the financial services industry in acquiring the knowledge and skills required for entering the sector. Eligible applicants will be subsidised 80% of the course fees by the HKSAR Government upon satisfactory completion of the courses approved by Hong Kong Securities and Investment Institute, subject to a ceiling of HK$15,000. Hong Kong Securities and Investment Institute is appointed as the implementation agent of the Pilot Programme. Regarding the details of eligible criteria and application procedures, please refer to the dedicated web-site of the Pilot Programme (https://www.wamtalent.org.hk/).

Speaker/Course Instructor

Richard GRASBY
Richard Grasby is a Partner in Appleby’s Hong Kong office, leading the Private Client, Trusts and Family Office practice.

Richard advises trustees, ultra-high net worth individuals, private trust companies and family offices on the establishment, restructuring and administration of trusts, including special trusts i.e. BVI VISTA, Cayman STAR and Employee Benefit Trusts. He regularly assists in estate administration, succession planning and family governance.

Richard has acted for many of the world’s leading trust companies, financial institutions, wealthy individuals and related structures. He has experience with dealing with clients and advisors across the globe. Richard has over 20 years’ post qualification experience with the majority spent in offshore firms. Richard has lived and worked in Jersey, London, the Cayman Islands and (since 2009) Hong Kong. He is admitted as a solicitor in England and Wales and the British Virgin Islands and is a Registered Foreign Lawyer in Hong Kong. He has also been admitted as an Attorney in the Cayman Islands.

Richard is an elected Academician of the International Academy of Estate and Trust Law (the only such offshore practitioner in APAC). He is also a Certified Anti Money Laundering Specialist. Richard is a lecturer on trusts and family offices for the Hong Kong Securities and Investment Institute and for the Hong Kong University of Science and Technology.

Details

Code
TQPWM24019201
Date & Time
Tuesday, 30 Apr 2024 (6:00PM - 9:00PM)
Venue
Virtual Platform
Relevant Subject
Others
Language
English
Hours
SFC:3.00, PWMA:3.00, HKTA:3.00

Click here if you wish to register for full TTC (version 2.0) Part A training programme and examination.