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Mastering testamentary trusts (NSW) - In-person

Course ID CN230207_WEP1

  • Face to Face
  • 4
  • Advanced
  • 3.5 CPD POINTS

Looking to build on your understanding of common testamentary trusts so you can provide precise and accurate advice to your clients? 

In this face-to-face program, take your knowledge to the next level with Accredited Wills and Estates Specialist, Robert Monahan. Hone your skills to prepare testamentary trusts, while managing the risks in the process. 

At the end of this program, you will: 

  • Receive an overview of the types of testamentary trusts and when to use them
  • Build on your skill set to understand tax advantages or tax traps 
  • Fine-tune your knowledge on asset protection features for different testamentary trusts 
  • Master trustee duties and powers and the rights of beneficiaries 
  • Attain critical knowledge to draft and prepare testamentary trusts 

Facilitated by Robert Monahan, Accredited Specialist in Wills and Estates, Monahan Estate Planning

Feedback from past attendees: 

  • “Fantastic presenter – probably best I’ve been to.” 
  •  Having one lecturer for half a day was a great format. It really felt comprehensive, given the complex nature of testamentary trusts.” 
  • Robert Monahan is a very skilled facilitator, he has a knack of bringing all aspects of wills and estates law into a seminar of testamentary trusts.”
  • “I attended Mr Monahan’s webinar - essential guide to testamentary trusts and was so impressed I booked for the advanced course. I was not disappointed. The presentation was engaging and informative. I took copious notes, he had so many gems to share. Very worthwhile and practical for my practice.” 

Please note: This program will be delivered in a hybrid format. You are currently viewing the face-to-face offering. Want to attend the webinar instead? Click here

 Scroll down for the full program

Price

Full Price $346.50

Alumni/Member Price $311.85

Dates

Start date:

28 February 2023

End date:

28 February 2023

Time:

9.30am AEDT - 1.30pm

Location:

College of Law
Level 4
570 George Street
Sydney 2000

Outline

9.30am: Welcome

 

9.35am: Introduction and overview

 

9.40am: Testamentary trusts and taxation

  • Tax traps 
  • The issues surrounding GST, capital gains and stamp duty 
  • Testamentary trusts and asset protection 
    • Protect beneficiaries for themselves 
    • Protect beneficiaries from claims by creditors or estranged spouses 
    • Maintain capital for more than one generation of beneficiaries 

 

10.40am: Stretch break

 

10.45am: Complexity vs knowledge and approval

  • Drafting issues 
  • Superannuation issues 
  • Issues around family trusts and other structures used by clients

 

11.45am: Stretch break

 

11.50am: Case study and drafting testamentary trusts

  • Factual scenario 
  • Matters to consider 
  • Practical drafting exercises

1.30pm: Close

 

Designed For

This program is recommended for solicitors in NSW. It is aimed at practitioners in general practice, advanced practitioners looking to upskill, probate lawyers, family law practitioners, financial planners, accountants and more. 

This program is produced in NSW and features a NSW-based practitioner.

 

TIME ZONE

All times listed for this course are Australian Eastern Daylight Savings Time (AEDT). Please take note of any time differences if you are registering from QLD, WA, SA, NT or from outside Australia.

 

WA PRACTITIONERS

This course is not an approved CPD activity for Western Australian practitioners.

 

CLAIMING CPD UNITS

If you intend to claim CPD units for this educational activity, please note that CPD activities are not accredited by the Law Society of NSW or any other equivalent local authority, with the exception of Western Australia. If you hold a practising certificate in a state or territory other than Western Australia and this educational activity extends your knowledge and skills in areas that are relevant to your practice needs or professional development, then you should claim one (1) "unit” for each hour of attendance, refreshment breaks not included. The annual requirement is ten (10) CPD units each year from 1 April to 31 March. Some practitioners, such as accredited specialists are required to complete more than ten (10) units each CPD year.

 

Mandatories Covered

Substantive Law – 1 Points 

Professional Skills – 2.5 Points

 

Presenter biography

Robert Monahan
Robert Monahan
Accredited Specialist in Wills and Estates, Monahan Estate Planning

After many years in private partnership and corporate legal environments, in 2014 Robert established Monahan Estate Planning, a boutique practice where Robert and his daughter Julia specialise in Estate Planning, and Wills & Estate Law generally. Robert consults with accountants, financial advisors and other lawyers to deliver estate planning services to their clients – see www.MonahanEstatePlanning.com.au

Since 1998 Robert has been a Law Society Accredited Specialist in the area of Wills and Estate Law. Robert is the General Editor of the Lexis Nexis Estate Planning Service, a regular contributor to the Retirement & Estate Planning Bulletin, and an author of a number of other publications dealing with Estate Planning.

 

Filming and Photography

Please be aware that video/audio recording may occur at professional development events organised by the College of Law for use on our website, marketing materials and publications. By attending and participating in a College of Law Continuing Professional Development course, you consent to the College of Law photographing or recording and using your image and likeness.