Legal Training and CPD Courses for Lawyers
 Remember Me

Login Forgotten password?

Course Certificate in Trusts


This brand new 2 day course, presented by two popular CLT presenters, has been designed with the aim of equipping private client practitioners with all the knowledge they need to tackle the topic of trusts with confidence. Suitable for trainees, newly qualified solicitors, those requiring a refresher and anyone who needs to be confident in providing advice relating to trusts, this course covers trusts from start to finish; from deciding upon the most appropriate form of trust for the client’s needs, right through to the distribution to the beneficiaries.

Under the new SRA Competence Statement, amongst other things, solicitors need to show they can ‘maintain the level of competence and legal knowledge needed to practise effectively, taking into account changes in their role and/or practice contexts and developments in the law’, ‘draft documents which are legally effective and accurately reflect the client’s instructions’ and ‘plan manage and progress legal cases and transactions’. Rest assured, this course will help you demonstrate competency in these areas.

Day one

Topics covered include:

  • Aims and purposes of trusts
  • What type of trust?
  • Traps and pitfalls
  • Powers and duties of trustees
  • The rules against perpetuities and excessive accumulations
  • Administrative provisions post Trustee Act 2000; what needs to be included or excluded
  • Trustees duty of care; exoneration clauses
  • Administering the trust effectively; trustee meetings, accounts
  • Key events; appointment and retirement of trustees, appointment and advancement of trust funds, variation of trusts
  • Breach of trust
  • Trustee liability and overview of litigation
  • Termination of the trust; death of beneficiary, achieving contingencies, by exercise of trustee powers, apportionment, tax issues
  • Checklist prior to completion/closure of trust
  • Case studies covering different situations and different types of trust – what trust should be used in which circumstances? What is the impact of distributions?
Day two

Day two begins with a focus on the whole range of taxes: Income Tax, Capital Gains Tax and Inheritance Tax, with the emphasis on clear and practical explanations of this complex area and moves on to look at trusts in a financial planning context.

Income Tax and CGT

The calculation of tax payable on trust income and the burden of this tax on trustees and beneficiaries is often difficult to understand and even more difficult to explain. This part of the course will cover:

  • The respective liabilities of trustees and beneficiaries with a particular focus on Life Interest versus Discretionary Trusts
  • The treatment of dividend income
  • Issues arising on company distributions
  • Life assurance gains and income tax
  • The special problems arising from settler interested trusts
  • Impact of CGT on trustees and beneficiaries
  • Actual and deemed gains
  • The availability of holdover, entrepreneurs and principal private residence relief
  • The ways in which liability can be minimised or avoided

The provisions of Finance Act 2006 made major changes to the IHT treatment of trusts. This part of the course examines the rules for both interest in possession trusts and those trusts which are subject to the Discretionary Trust (relevant property) regime, whether created in lifetime or by will, and then goes on to consider how IHT is calculated for all types of trust. The course covers:

  • Returns
  • Charging provisions interest in possession trusts and other privileged trusts
  • Relevant property trusts charging provisions
  • Entry charges
  • 10 year (periodic) charges
  • Exit charges
  • Examples of calculations
  • Issues around life policy trusts, pilot trusts and discounted gift trusts
  • Planning Issues and use of reliefs
Trusts and Financial Planning:
  • Types of trust and uses
  • Trusts for testator’s family and children
  • Accumulations of income
‘Wonderful speaker; one of the best I’ve seen’ (Leon Pickering)

Show all


12 hours


Package Price
Click here for details

Non Member

(Excluding VAT)


Ian BondDetails
Stephanie ChurchillDetails


Two excellent Presenters sharing their respective experience on a seemingly challenging and unexciting subjects. They both brought Trusts to life in their own unique mannor. The course was delivered at the correct level and relavent examplesused to augment learning.

David Frederick




2 Day Course
Tue 25 Jun 2019
Wed 26 Jun 2019

09:30 | Manchester
Ian Bond

2 Day Course
Wed 04 Sep 2019
Thu 05 Sep 2019

09:30 | London
Ian Bond

2 Day Course
Mon 04 Nov 2019
Tue 05 Nov 2019

09:30 | Birmingham
Ian Bond

Buy documentation from £100.00

Documentation Purchase course documentation »

Related items

About membership

CLT membership provides excellent service, great value for money and above all, quality events saving up to 50% of your training costs.

Keep in touch

Follow us on

Linkedin twitter

Help & Support

For help, support and bookings call:
+44 (0)121 362 7705 or visit our support section for FAQs, venue maps and brochures.