Trust Training Certificate (TTC) - Unit 1: Introduction to Trusts
This is Unit 1 of the training programming in pursuing the "Trust Training Certificate".
It consists of three modules:
Module 1: Overview of Trusts
Module 2: Trustee's duties
Module 3: LIability, Variation and Termination
For the topics to cover, please refer to the content section below.
Overview of Trusts
- What is a trust?
- Structure of a trust and holding companies
- Parties of a trust
- Overview of why and how trusts are used
- Duties and powers
- Language, form and validity
- Governing law
Liability, Variation and Termination
- Liabilities of Trustees, Protectors and Enforcers
- Migration of trusts
- Provision of information
- Termination and variation
This 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 and / or those who plan to enter into the Trust industry sector.
Mark is active in providing advisory works both to governments and families with international members. Mark advised the Government of Singapore with regard to the Trustees Act of Singapore. He originated the proposals for changes to the Trust Law of Hong Kong and advised on such changes. He advised the Malaysian Government on changes to the laws of Labuan, including Trust Law, Foundations Law and Limited Partnership Law. He remains an international adviser to that government. He advised the Government of Samoa on and has drafted new Trust Law, new Foundations Law and a new Trustee Companies Bill and has advised on and drafted changes to other relevant laws in consequence.
Mark taught a course on international estate planning, including the use of trusts and foundations, as Adjunct Professor of Law at the National University of Singapore for 10 years. He is teaching a similar course in Samoa.