Asset Preservation Trusts

Asset Preservation Trusts. This webinar is aimed at professionals working within the private client sector, including those considering and/or providing advice on estate and tax planning, trusts, and disputes arising from lifetime gifts and/or after death. This webinar will consider and work through:

• The basics: what is a trust? What type of trusts exist and key terms and terminology involves with trusts.
• What is an asset preservation trust?
• What are some of the benefits sold to consumers of an asset preservation trust?
• What do asset preservation trusts actually do and addressing the concerns.
• Other issues, such as regulatory requirements and whether the work involves a regulated activity?
• Examples of companies involved in asset preservation trusts.
• What happens when it goes wrong? Who can you claim against.
• Grounds to challenge and/or potentially set aside an asset preservation trust.
• Practical examples.
• Practical tips.
• The future for asset preservation trusts?

Learning Objectives:

To provide a better understanding of asset preservation trusts, including the purpose behind asset protection trusts sold to client(s), implications to client(s) of the asset preservation trust, and whether there are actions and/or scope to challenge or set aside an asset preservation trust when clients approach with concerns. This webinar should also help to identify ‘red flags’ or areas for concern and key considerations and issues to take into account when approached by clients concerned about their asset preservation trusts they have been sold and/or entered into, including when this issue is likely to arise, at certain times during a client’s approach to your firm.