Corporate Trustees: Practical Insights, from Constitutions to Compliance (Paper)

Materials comprised of a Paper and PowerPoint Handout.

Presenters

Vicki Ammundsen, Director, Vicki Ammundsen Trust Law Limited

Claudia Shan, Partner, Avancier Legal

Colette Mackenzie, Director, Greg Kelly Trust Law

Synopsis

Corporate trusteeship often exists as a misunderstood and undervalued area of trust management. While some perceive it as less desirable, properly managed corporate trustees can provide enhanced protection, continuity, and risk mitigation—especially in complex family or business arrangements. This webinar will explore the key motivations for using corporate trustees, the challenges of compliance and governance, and the legal and practical issues that arise when these structures are not properly understood or managed.

These Materials will help you:

• Understand the benefits and challenges of corporate trustees, including their role in succession planning and safeguarding against personal liability for directors.
• Clarify governance roles and responsibilities, including directors, trustees, and shareholders, and address potential conflicts or misunderstandings.
• Gain insights into drafting effective constitutions that align with trust deed terms, support compliance, and mitigate risks.
• Explore case law examples to understand practical implications and avoid common pitfalls.
• Examine foreign trust considerations and offshore complexities, including tax implications and cross-border residency risks.
• Learn best practices for corporate trusteeship, from ensuring solvency and proper insurance coverage to maintaining clear and compliant trustee appointments.

Intended Audience

Those practising in the areas of wills, estates, trusts, and private client work as well as general practitioners. Corporate lawyers can also benefit from attending the session.