Read the review of the evening
This will follow in due course.
Listen to RealAudio recording
Introduction; Making a will with provision for a disabled child; Value
your assets; Appointing executors and guardians; Review your will
regularly; . Length 6 minutes 1 second.
- The use of Trusts; What is a trust?; Trustees; Beneficiary; Tax reduction; Protection and distribution of assets; . Length 5 minutes 5 seconds.
- Secret Trusts; Protective Trusts; Discretionery Trusts; Disadvantages of Discretionery Trusts; Overseas Trusts;. Length 10 minutes 59 seconds.
- Power of Attorney; Limitations; Enduring Power of Attorney; . Length: 4 minutes 18 seconds.
- Care
for the future; Decisions on non-financial matters; judging the
capability of an adult with learning disabilities; using professional
services; Length: 3 minutes 36 seconds.
Questions from the audience
- If I have already set up a trust fund for my son, are there ways that others (third parties) can add funds to the Trust? Length: 1 minutes 1 seconds.
- If
you have several children, but only one with a disability whom you want
to benefit from a trust - do you recommend making up seperate trusts
for all of them? Length: 1 minutes 47 seconds.
- Do you name the child that you want to mainly benefit in the trust? Length: 1 minute 28 seconds.
- If
siblings of my disabled child are also beneficiaries, what is to stop
them from benefiting from the trust rather than my disabled child? Length: 42 seconds.
- I don't have any other children, or close relatives who would be able to act as trustees - what should I do? Length: 30 seconds.
- How many trustees should I appoint? How do they agree on decisions? Length: 38 seconds.
- Can a legal guardian be appointed a trustee? Length: 19 seconds.
- Are there any guidelines for setting up and administering a trust? Length: 24 seconds.
- Can you stipulate in a trust, a sucession of trustees? Length: 35 seconds.
- What happens if parents who are trustees are no longer able to act? Length: 1 minute 7 seconds.
- Can I appoint a particular solicitor in a firm to act as a trustee? Length: 39 seconds.
- Can you clarify the tax position in regard to monies given to a trust? Length: 54 seconds.
- Can you have an Enduring Power of Attorney for someone under the age of 18? Length: 7 seconds.
- Is
it possible for someone with learning difficulties to set up an
Enduring Power of Attorney? Does a doctor need to certify this? Length: 40 seconds.
- If
I set up a discretionery trust fund for my two children, one of whom is
disabled, how much should I put in it in order that it can provide some
benefit for my disabled child? What proportion of the funds should I
set for my disabled child and others (siblings)? Length: 45 seconds.
- Some
children with Aspergers Syndrome are very intelligent but are still
unable to manage their own affairs properly. They may not be willing to
make an Enduring Power of Attorney. What can I do? Length: 28 seconds.
- Can more than one trust be set up for any one beneficiary? Length: 19 seconds.
- What power does the law have over a trust once it has been set up? Length: 49 seconds.
- Can a trust purchase property for a beneficiary? Length: 10 seconds.
The Presentation
