Trusts are still the best form of asset protection and estate planning available to us and our families. If a trustee does their job well, and gets the right advice all the way through, no harm should come to them. Get it wrong though.....!

In a recent court case, a trustee faced bankruptcy because, as a trustee, they signed a loan agreement with no limitation of liability clause in it. This meant that when the Trust failed to meet the loan payments, the trustee became personally liable. In another case, there was a limitation of liability, and the trustee was protected.

Getting the right advice is always important when dealing with trusts. One lesson we have all learned from the court cases over recent years is that the key to a sound trust is proper administration and proper and prudent decision making on the part of trustees.

 

Dunedin Trust presentation by Denham Martin, Barrister & Trust Expert

29 MARCH 2010, 4.00 - 6.00 PM

WHK Otago is sponsoring a public seminar at the Dunedin Art Gallery to be held by Denham Martin, a well known Auckland Barrister and expert in all matters pertaining to Trust structures.

This seminar will benefit all business advisors, lawyers, Trustees and anyone else who has already got a trust, or is thinking about it. Denham's down to earth, practical explanations and examples will ensure a better understanding around managing the risks arising from use of Trusts, while extracting the undoubted benefits from their use.

 

Go to WHK Dunedin Seminar and Events webpage for more information and how to register