Lifetime Trusts - An Introductory Box Set

Introduction

This box set for private client professionals will look at key concepts and provide practical advice surrounding clients making lifetime trusts.

What You Will Learn

This webinar box set will cover the following:

Module 1 - Different Types of Trust & Drafting Issues

There are many different trust options for creating a lifetime trust.

This module will cover:

• Why create a trust?
• What types of trusts are available and circumstances in which some are suitable or not suitable
• Questions to ask before starting to draft
• Essential drafting points

Module 2 - Trustees

This module will consider the role of trustees and will explore:

• Responsibilities of trustees
• Removing/retiring/replacing trustees
• Rights of beneficiaries

Module 3 - Tax (Part 1)

Once a decision has been made to create a trust, what are the first steps that need to be taken in relation to tax?

This module will look at:

• Valuation of trust assets
• Available nil-rate band
• Reporting for inheritance tax purposes - an overview
• Other taxes that you need to be worried about

Module 4 - Tax (Part 2)

What other steps are needed to deal with the inheritance tax?

This module will examine:

• IHT reliefs and exemptions
• Calculation of IHT
• Payment of IHT
• Penalties
• Exit charges
• Ten-year charges

Module 5 - TRS & Compliance

Once the trust has been created, how do we ensure compliance with legislation and best practice?

This module will cover:

• TRS - when it is necessary
• Trustee meetings and paperwork
• Income tax, CGT and options to minimise
• Reporting to beneficiaries

Module 6 - Potential Pitfalls

Numerous difficulties can arise during the procedure.

This module will explore the essentials that a practitioner needs to be aware of, covering:

• Negligence
• Trusts disputes
• Financial decisions
• Protecting trustees

This pre-recorded webinar will be available to view from Friday 28th November 2025

Alternatively, you can gain access to this webinar and 1,700+ others via the MBL Webinar Subscription. Please email webinarsubscription@mblseminars.com for more details.