About this Event
STEP (S) Half Day PTC Workshop - including AML, Litigation, Role of LTC
This workshop is a must-attend for professionals in the trust and estate planning industry. Join us for a half-day session covering important topics such as Anti-Money Laundering (AML), Litigation, and the Role of LTC. Gain valuable insights and network with industry experts.
Location: NTUC Centre, Level 8, Room 807
Don't miss out on this opportunity to enhance your knowledge and skills in the field. Register now to secure your spot!
Agenda
?: 01:55 PM - 02:00 PM
Opening Remarks & Introductions
Host: Mr. Peter Milnes
?: 02:00 PM - 03:00 PM
Advisory for setting up the PTC
Host: Ms. Nancy Chien
Info: • What is a PTC ?
• Why use a PTC instead of a reserved power trust?
• Profile of families that will use PTCs, their knowledge and expertise in trust administration
• Showcase of PTCs that work and those that failed
?: 03:00 PM - 04:00 PM
Operational and administrative issues
Host: Dr. Genevieve Brunner
Info: • What are the administrative requirements of a PTC?
• Does the family have to right skills or hire the talents with expertise on trust administration?
• What are the administration challenges? How can Licensed Trust Company (LTC) and private client practitioners support the family in making the PTC a success?
• Expectations and extent of AML obligations – compliance oversight by LTCs
?: 04:30 PM - 05:30 PM
Considerations for contentious matters
Host: Mr. Afzal Ali
Info: • How can a PTC withstand an attack from creditors or family members?
• Once a trust is set up can the PTC still alter the distribution direction? Can a PTC be adept and agile to families' changing needs and adjust to suit?
• What have we learnt from cases in relation to trustee's fiduciary duties and investment powers?
?: 05:30 PM - 05:35 PM
Closing Remarks
Host: Ms. Helen Wang
Event Venue & Nearby Stays
NTUC Centre, Level 8, Room 807, 1 Marina Boulevard, Singapore, Singapore
SGD 320.00