Wealth Management
[Webinar] Trust Training Certificate (TTC) (version 2.0) - Unit 8: Other Trust Vehicles in Details
Overview
This is Unit 8 of the "Trust Training Certificate" ("TTC") (version 2.0) training programme.
It consists of one module:
Module 14: Other Types of Estate Planning Trusts and their uses
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 B Stream 1 Training Programme and Examination, click here.
Objective
At the end of this module, students will be able to
- Identify the appropriate types of trusts to suit specific estate planning needs
- Be able to explain and compare the differences between these types of trusts
- Identify the jurisdictions in which these various types of trusts exist
- Be able to articulate the benefits of the various types of trusts discussed in this module
Content
This module 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.
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
Drawing on his experience working at leading corporate firms, Ross works with private clients requiring coordinated advice on their personal and business affairs. This typically involves combining with other lawyers to serve their tax planning, immigration, transactional, commercial, and dispute resolution needs.
Ross frequently deals with the establishment or restructuring of asset-holding structures, ranging from several million to billions of pounds in value, to achieve objectives such as succession planning, asset protection and tax efficiency. In particular, he works closely with settlors, beneficiaries, and trustees of offshore trusts to develop effective strategies for managing, preserving, and protecting their assets. He is currently appointed as an executive committee member of the Hong Kong Trustee Association.
Details
Click here if you wish to register for full Part B Stream 1 training programme and examination.