Webinar: An Introduction To Personal Injury Trusts
6 July 2022

£40.00£200.00 + VAT

Wednesday 6th July 2022 – 1pm-2pm

Webinar Presented by: Gill Steel, Owner/Director, LawSkills Ltd
Premier trainer in Wills, Probate, Trusts, Tax & Elderly Client

1 hour – SRA Statement of Competence A2

Clear

Aim:

Placing Personal Injury compensation payments into trust preserves means-tested benefits. This means the use of trusts is a popular way of handling compensation payments made to benefit people who may be unable or used to managing such large sums of money. This webinar will explore the typical trusts used and who may create them, how they are managed and how they are taxed.

Outcome:

Participants will be able to understand the use of trusts in the management of personal injury compensation payments.

Agenda:

  • Bare trusts
    • When to use
    • Tax treatment
  • Interest in possession trusts
    • Applicability
    • Tax treatment
  • Discretionary trusts
    • When to use
    • Tax treatment
  • Disabled Person’s Interest trusts
    • Types
    • Operation
    • Vulnerable person’s elections

Sponsor

thewealthworksThis webinar is sponsored by thewealthworks. Their comprehensive flexible Global Wealth Management Software easily adapts to meet the needs of law firms, accountants, family offices, trust companies, banks and other corporate trustees in the UK or across the globe.