Private Trust Administration Course
An online based course, that runs for 1 hour every Wednesday evening at 7pm for 10 weeks.
All sessions will be recorded and uploaded on to the platform for revisiting and for those who are unable to make the live sessions.
Donate once and join every time the course is run (usually every 3 months)
Next Course Start Date: Wednesday 10th July 2024 (Run 10)
Suggested donation: £400 (Available on subscription)
| No. | Session | Description |
| 1 | An Introduction to Trusts Law | What are the two titles? The history of Trusts and Equity Beneficial Interest The three certainties Trust creation exercise Rights of the beneficiaries Properly constituted? |
| 2 | The Comprehensive Declaration (Part 1) – The Structure | Getting to know your Trust, – Discretionary – Interest in Possession – Fixed Parties to the Trust deed, Interpretations and definitions, Certainty of intention, Powers Reserved by the settlor Jurisdiction, Perpetuity. |
| 3 | The Comprehensive Declaration (Part 2) – Trustee Powers | Powers and duties of trustees, – Statutory Provisions – STEP Provisions (Standard and Special). |
| 4 | The Comprehensive Declaration (Part 3) – Clauses | Powers and duties of trustees continued, – Lay Provisions Termination of the Trust Appointment and removal of trustees. |
| 5 | The Comprehensive Declaration (Part 4) – Clauses | Distribution qualification, Appointment of beneficiaries, Indemnity of trustees, Expenses of the Trust, Amendments to the trust declaration, Affidavit, Memorandum of Trust, Public notice. |
| 6 | Administering your Trust (Part 1) | Executing your Trust, Noticing your Trust, Affidavits, Memorandum of Trust, Public notice, Sub-trust declaration, Trespass notice, Asset administration, Settlement receipt, Sustenance record. |
| 7 | Administering your Trust (Part 2) | Invoice, Disposal certificate, Asset listing, Amendment confirmation, Annual Reports, Annual meeting, Minutes, Record of trust assets, Trial balance/reports. |
| 8 | Enforcement | Foundations of Equity, How Trusts sit in Equity, Maxims, The right to enforce, Evidence (NOI/SOI), Rebutting claims. |
| 9 | Case Precedents | Knight v Knight – the three certainties, Milroy v Lord – Intent, Paul v Constance – Intent, IRC v Broadway Cottages – Beneficiary principle – complete list test, Downs v Chappell – fiduciary duty, Hunt v Luck – notice, Muir v City of Glasgow Bank – trustee, London Wine Shippers – fungible goods, Re Diggles – precatory words, Earl of Oxford – Equity vs Common Law |
| 10 | Final Summary | What is fiduciary responsibility? Fiduciary duties of trustees, Duties of trustees – summary, Administering your Trust – summary, Doctrine of Notice, Putting your car in to Trust, Avoiding SHAM Trust challenges, Next steps |
