Compliance, Legislative & Regulatory Standards

Trust Training Certificate (TTC) - Unit 9: The Contents of Trusts and Drafting


This is Unit 9 of the training programme in pursuing the “Trust Training Certificate”.

It consists of two modules:
Module 13: Drafting and Important Deed Provisions
Module 14: Variations Required to a Discretionary Trust when Drafting

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


Drafting and Important Deed Provisions

- A review of the usual provisions for:
(a) Discretionary trust;
(b) Protective trust;
(c) Fixed interest trust;
(d) Accumulation and maintenance trust;
(e) Foreign grantor trust; and
(f) Granny trust.
- The choice of trustee
- Choosing the jurisdiction of the proper law
- Reasons for selection of a particular jurisdiction to achieve specific objective for estate planning

Variations Required to a Discretionary Trust when Drafting

- Variations required to a discretionary trust when drafting:
(a) A charitable trust;
(b) A non-charitable purpose trust;
(c) A reserved power trust;
(e) A Trust to be combined with a limited partnership; and
(f) Special provisions need to be included in a limited partnership agreement to be combined with a trust.

Who should attend

The course is primarily targeted to those who would like to pursue “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.

Speaker/Course Instructor

Thelma KWAN
Thelma Kwan is a Barrister specializing in family and trust law in Hong Kong. She has previously spent 24 years in the private banking industry, in the trust and wealth planning segment of various private banks. Her last role, before returning to legal practice, was Head of Wealth Advisory for Asia Pacific for a large UK Bank running a team of wealth advisers in the Asia region. While her mandates were various, Thelma’s interest and focus had been serving clients in their wealth planning needs with a holistic approach; taking into regard issues including family succession planning, asset protection, business succession, and cross border tax issues.


Date & Time
Wednesday, 15 May 2019 (6:00PM - 9:00PM)
HKSI Institute Training Centre
Relevant Subject
SFC:3.00, PWMA:3.00