Overview

This is Unit 8 of the "Trust Training Certificate" ("TTC") (version 2.0) training programme.

This eCourse is prepared based on the recorded version of the webinar session held on 30 September 2024. For participants who plan to take the TTC Part B Stream 1 Examination at a later date, you should ensure you read the study guide and materials provided via the examination enrolment link. 

It consists of one module:
Module 14: Other Types of Estate Planning Trusts and their uses

If you wish to register for the full TTC (version 2.0) Part B Stream 1 Training Programme and Examination, click here. 

Please note that only the full programme is eligible for WAM FIS reimbursement.

Objective

On completion of this eCourse, you will be able to:
- Identify the appropriate types of trusts to suit specific estate planning needs
- Explain and compare the differences between these types of trusts
- Identify the jurisdictions in which these various types of trusts exist
- Articulate the benefits of the various types of trusts discussed in this course

Content

This unit provides an in depth explanation of the following types of trusts and their uses:-

- Accumulation and Maintenance Trusts;
- Non-Charitable Purpose Trusts (including STAR Trusts);
- Special Needs Trusts; BVI VISTA Trusts;
- Trusts combined with Insurance; and
- Foreign Grantor Trusts

Where appropriate case studies are provided to demonstrate the various uses of such trusts.

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.