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Decks in this class (9)
1) Structure of a trust and the roles of the main parties
Describe the legal definition of ...,
Describe the 4 types of beneficia...,
Explain how a trustee of a non ch...
18
cards
2) How trusts are created
Explain how a trust is establishe...,
When would a trust established in...,
Explain the iht treatment of a pr...
8
cards
3) Rules covering the investment of assets and admin of trusts
State the factors the trustees sh...,
List the 5 categories of benefici...,
Describe the actions trustees sho...
7
cards
4) Powers of attorney
State the actions required for a ...,
Explain the drawbacks of applying...,
Explain the powers of a general p...
10
cards
Wills and dying intestate
Describe how a mutual will operat...,
Explain the implications for the ...,
Outline 8 duties that that the so...
7
cards
Bankruptcy
Describe the role of the trustee ...,
State 4 types of debt that remain...,
State 4 restrictions that a bankr...
6
cards
How trusts are subject to tax
Describe the tax treatment of the...,
Explain how the beneficiary highe...,
Describe how an 18 25 trust is cr...
10
cards
How life, pension and other investments can be placed in trust
Describe how a relevant life poli...,
Explain the 5 conditions that mus...,
Luca settled a uk resident trust ...
8
cards
Trust and related tax planning solutions
Explain 5 benefits and 5 drawback...,
Explain the actions taken to remo...,
State the relevant factors that s...
9
cards
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