Overview

This is Unit 9 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 9 October 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 15: Drafting and Important Deed Provisions

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:
- Understand the specific drafting issues required for specific types of trusts and why these are important
- Understand the key features of jurisdictions commonly adopted for trust structures
- Be able to explain the reasons for selection of a specific jurisdiction given the drafting advantages or disadvantage

Content

1. A review of the usual provisions for:-
- Discretionary Trust;
- Protective Trust;
- Fixed Interest Trust;
- Accumulation and Maintenance Trust;
- Foreign Grantor Trust;
- Granny Trust;
- Charitable Trust
- Non-Charitable Purpose Trust
- Special Needs Trust
- Life Insurance Trust
- VISTA TRUST
2. The choice of trustee
3. Choosing the jurisdiction of the proper law
4. Reasons for selection of a particular jurisdiction to achieve specific objectives for estate planning

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.