Seminar duration: Fullday 09:00 to 16:00
Closing date for registration: 24 hours before the due date
ABOUT THIS SEMINAR
Focus: What every attorney should know about trusts (after the Davis Tax Committee (DTC)
The seminar is intended for every attorney (general, commercial, litigation, conveyancers, novice and specialist) having to advise clients in these tax uncertain times about trusts and related mattersIt is a follow-up on the very successful seminars of previous years but this one is different with many new important developments and will also focus on the final report on Estate Duty (& Trusts) by the Davis Tax Committee.
Seminar content
- The implications of the final report on Estate Duty (and trusts) by the Davis Tax Committee published on 24 August 2016
- Beware of the seven grey areas in the trust law and its often invalidating consequences.
- The most common errors with the creation, administration, amendment and termination of trusts. Which of these errors can be rectified and which not and if not, what then?
- When is a trust really a sham and when is it merely abused by a trustee and when does it become the trustee’s alter ego? What are the common errors made with trusts and divorce proceedings and when is it important to join the trust as a party to the divorce?
- What are the seven most important duties of a trustee? Is the “independent trustee” really necessary, just a good idea or perhaps only “window dressing”?
- What are the transfer duty implications of amending a trust and how can the structuring of a trust with the right founder and beneficiaries save transfer duty? Can the sale of a trust or an interest in a trust save transfer duty and what are the CGT implications?
- What important effects do the National Credit Act and the Finsurv rules have on trusts and for attorneys / conveyancers to be aware of?
- When does the resignation of a trustee actually commence? What are the most common problems upon resignation/termination of trusteeship?
- What are the benefits of and the requirements for the different kinds of special trusts and for a PBO trust? The DIY manual!
- Beware of these errors made with BBEE-trusts and what is the latest dilemma created by the codes? What causes a trust to lose its protective qualities?
- What records should be kept by trustees and for how long? Attorneys in particular beware!!!
- How does one advise clients on trusts and administer trusts in these tax uncertain times?
- What does the future hold for trusts?
CITIES AND DATES
Cape Town
24 October 2016 / Durban
25 October 2016 / East London
21 November 2016 / Midrand
23 November 2016
Click here for a calendar of upcoming LEAD events
FEES – SEE PAGE 3
WHO SHOULD ATTEND?
What every attorney should know about trusts (after the Davis Tax Committee (DTC)
EXPERT PRESENTER
Professor Willie van der Westhuizen is a regular speaker at seminars and conferences, both local and international. He is a director and practicing attorney at Millers Inc, George, specializing in Trust Law and Holistic Estate Planning, regularly doing legal audits on trustdeeds and holistic estate planning for all including restructured families.
He also serves as Extraordinary Professor in Private Law at the University of the Free Statewith specific instruction in Trusts as well as Estate Planning Law. He is co-author of “Wills and Trusts”, as wellas “Estate Planning and Fiduciary Services Guide” and “Butterworths Forms & Precedents:Estates” all three LexisNexis publications and has written and published numerous articles onTrust Law and related topics. For more than a decade and a half he has presented seminars and spoke at conferences onthese topics to lawyers, accountants and other advisers countrywide in the RSA and Namibia as well as off-shore.
He serves on the Law Society of SA Trusts and Estates Standing Committee and is a full member of the international UK-based Society of Trust and Estate Practitioners (STEP) and at a recent international STEP conference presented a lecture entitled “Bad trust clauses in the RSA and their consequences” and at their last conference in the RSA in April 2016 presented papers on “Cross-border holistic planning with Namibia” and “Trusts in Namibia” As a member of the International Bar Association he has delivered papers at IBA conferences in Strasbourg, New York and Hong Kong on such topics as "Restrictions on testamentary freedom", "Application possibilities of the trust in South Africa" and "Business trusts for privately owned businesses in South Africa.
Notes on LEAD Seminars and Workshops
1.Fees must be paid into the designated LSSA bank account. The LSSA will not accept liability if any other bank account is used.
2.Seminar registration will be confirmed only if proof of payment is attached to the form.
3.LEAD makes use of reputable venues. The venue for this event will be determined by the number of registrations.Please wait for your confirmation before you make flight and accommodation bookings.
4.Registrations close 24 hours prior to the seminar date. Registrations will be accepted thereafter only with written approval from LEAD.
5.To cancel a seminar registration, the delegate should e-mail at least 48 hours before the seminar starts to avoid being liable for the full fee.
COMPLETE REGISTRATION FORM
Please complete the form on page 3. Your EFT payment confirmation must accompany your form.
LSSA BANKING DETAILS
Law Society of South Africa | Acc no: 6200 9641 079 | Bank: First National Bank, Pretoria
Branch Code: 251445 | Ref: Your name and cell number
Registrations: e-mail Annelie Dagnin on or tel +27 (0)12 441 4669
Seminar queries: e-mail or tel +27 (012) 441-4613/4690/4644
Instructions on how to complete the form
Save the form and the type your details directly onto the form to replace . Select the correct block .
Save and email the form to together with proof of payment.
Fee per delegate (VAT Inclusive) / Fee
Practising attorneys / R 1 350
Candidate attorneys / support staff / R 1 220
Delegates from law firms located further than 150 km from the closest venue / R 980
Non-practising attorneys / Others / R 2 700
When and where in 2016 (Times: )
Cape Town
24 October 2016 / Durban
25 October 2016 / East London
21 November 2016 / Midrand
23 November 2016
Where did you hear about the course? Email SMS Word of Mouth Employer Other
Your details
Surname: / First name:
ID number: / Gender: F M / Your position:
Firm/company: / City/Town: / Title:
Tel-w: () / Fax: () / Race (for reporting)
Cell: / Email:
Postal address or docex: / Postal code:
Payment by electronic funds transfer (EFT)
Account Name: Law Society of South Africa | Bank: FNB Pretoria
Account: 6200 9641 079 | Branch Code: 251445 | Reference: Cell / Surname / Amount: R
Special Dietary Requirements (if any):
Halal Kosher Vegetarian / If disabled, what assistance is required:
Notes on LEAD Seminars and Workshops
1.The LSSA will not accept liability if fees are not paid into the designated LSSA bank account.
2.Seminar registration will be confirmed only if proof of payment is attached to the form.
3.LEAD makes use of reputable venues. The venue for this event will be determined by the number of registrations.Please wait for the confirmation before you make flight and accommodation bookings.
4.Registrations close 24 hours prior to the seminar date. No registrations will be accepted thereafter without written approval from LEAD.
5.To cancel a seminar registration, the delegate should e-mail at least 48 hours before the seminar starts to avoid being liable for the full fee.
Registrations: e-mail Annelie Dagnin on or phone her on +27 (0)12 441 4669
Seminar queries: e-mail or phone on +27 (012) 441-4613/4690/4644
LEAD SEMINAR | Page 1 of 3