Webinar on Demand - Understanding Testamentary Trusts

1 CPD Point – Substantive Law

Testamentary Trusts are often touted as the best form of Will for your client’s estate planning strategy. However, is this really true? Would your client be better served by a simple Will or is a Testamentary Trust a more suitable option? Understanding how a Testamentary Trust works is a vital first step in guiding your client through their estate planning needs.

In this Webinar, Understanding Testamentary Trusts, John Wojtowicz, gives a basic rundown of Testamentary Trusts - how they work, what are the advantages and disadvantages, and when are they appropriate.

In this Webinar, John will cover:

• What is a testamentary trust;
• Advantages/disadvantages – review of taxation benefits and asset protection benefits;
• How do they work;
• Key positions in the trust;
• Key clauses in the trust;
• Adding capital to the trust post establishment;
• Trust distributions and the implications of the recent Owies case; and
• Control of the trust.

This webinar is suitable for lawyers, accountants and other professional advisers and is pitched at an entry level. It is ideal for any professional looking to identify and service their clients’ estate planning needs.

Legal CPD:

WA legal practitioners (QA Provider ID 29250)

1 CPD point, Competency Area 4 – Substantive Law. To ensure you receive your CPD Points for this event, please provide us with your Legal Practice Board Practitioner ID during registration. Note: CPD Points are only uploaded to the Legal Practice Board after the Webinar On Demand is viewed. This is not an interactive activity.

Legal practitioners outside of WA

If you consider that this webinar satisfies your individual requirement, or is relevant to your immediate or long-term professional development needs, you may claim 0.5 CPD points for every 30 minutes of attendance and participation.

Accounting CPD:

1 CPD Point

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Presenter John Wojtowicz
Director, Law Central Legal

John has practiced law since 1988 and has been admitted to both the Supreme Court of WA and the High Court of Australia. Working predominantly in the areas of commercial law and estate planning, John has acted for both large institutions and individuals, as well as serving on multiple bank panels. Over the years, he has acted for clients on complex estate planning and has represented clients in the Supreme Court of WA on trust and inheritance issues. He is a sought after speaker on trusts, business structures and estate planning and brings a wealth of practical experience to his seminars.