Role and responsibilities of a trustee

Professional Development


This course further expands on the ‘What is a trust?’ course, explaining the role and responsibilities of trustees – with particular regard to effective administration, decision making and how to avoid pitfalls such as “shams”.

Suitable For

Senior trust administrators and Employees within the financial services industry who wish to gain knowledge of trusts and how they operate.

2 CPD hours
2 hours

Learning Outcomes

Having attended this course, delegates will:

  • Understand trustees’ duties and powers, and how to avoid the potential liabilities of the position
  • Be able to explain the rights of trust beneficiaries to information
  • Describe what is meant by a “sham” and the practical methods that can be used to avoid them

Course Content

  • What is a trustee?
  • Trustees' duties, powers and potential liabilities
  • Underlying companies
  • Beneficiaries’ rights and the dangers of ‘sham’ trusts
  • Trustee decision making
  • Trustee meetings and records