Description
Master the trust concept and trustee responsibilities required to deliver advice in Scotland. Take a step closer to the STEP Diploma with the STEP Advanced Certificate in Trusts: Law and Practice (Scotland).
This course provides practitioners with the technical knowledge and practical skills required to deliver holistic advice in Scotland relating to trusts law.
- Gain in-depth expertise: Improve your technical knowledge of the issues arising in relation to trusts and the laws and procedures involved.
- Practical focus: Practical advice and guidance written by practitioners, for practitioners.
- Build valuable connections: Network with like-minded professionals in varied roles and firms.
- Industry recognition: A recognised ‘gold-standard’ professional qualification for those working in the industry, and is awarded in association with Alliance Manchester Business School, a School of the University of Manchester.
What you will learn
- The essential features and parties to a trust
- The classification of different types of trusts
- The requirements and procedure involved for the creation of a trust
- The different rules applicable to the formation and operation of the liferent trust, the discretionary trust and the charitable trust
- The office, duties and powers of trustees and other fiduciaries
- The general principles of liability and appropriate remedies and defences for breach
- The means of varying the terms of private and public trusts
- The general principles of drafting trust documentation
- Matters relating to risk management for trust advisers
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