Distributing and dealing with trust assets: the boundaries of discretion the HIP talks

Our Alfred Ip discusses essential considerations related to the distribution of trust assets with Kerby Lau and Joshua Yeung of Des Voeux Chambers.
The DVC Trusts, Estates and Succession Series is a collection of seminars and events on topical issues and developments in the law concerning trusts and estates, being explored through the practitioner’s perspective. It aims to create a forum for the exchange of ideas between different stakeholders and practitioners.
In this inaugural seminar, the focus is on a commonly-used mechanism in structuring wealth and assets: the discretionary trust/power. In the absence of any fixed stipulations as to how assets should be distributed, what guidance does the trustee/administrator have when distributing and dealing with assets? What are the limits of such discretion? What are the pitfalls to avoid? These practical questions and more will be discussed and explored.
 
Download the presentation: https://www.hugillandip.com/2023/09/webinar-distributing-and-dealing-with-trust-assets-the-boundaries-of-discretion/