This is Unit 3 of the "Trust Training Certificate" ("TTC") (version 2.0) training programme."

This eCourse is based on the recorded webinar session held on 23 April 2024. For participants who plan to take the TTC Part A Examination in December 2024, you should ensure you read the study guide and materials provided via the examination enrolment link.

In line with the Unit 3 study guide, this eCourse consists of two modules:
Module 5: Other Estate Planning/Succession Vehicles
Module 6: Trust Protection Issues

If you wish to register for the full TTC (version 2.0) Part A Training Programme and Examination, click here. 

On completion of the course, learners should be able to:
(a) Recognise the commonly used vehicles and strategies for estate planning other than trusts and foundations
(b) Explain the key features of each of these vehicles for estate planning (note particularly HK Holding company issues)
(c) Describe how these vehicles are related to or compliment different type of trusts
(d) Describe how a trust may be attacked
(e) Understand the protections offered by
i. anti-forced heirship;
ii. non-enforcement of foreign judgments; and
iii. The use of an Employees Benefit Trust (“EBT”) to protect assets from a company’s creditors
(f) Understand the following grounds for a claim against a trust’s assets on breakdown of marriage
i sham trust;
ii the trust is a nominee arrangement;
iii the trust is a nuptial settlement; and
iv the trust’s assets are a financial resource.

Module 5: Other Estate Planning/Succession Vehicles:
1. The nature of holding companies of trusts and its use and appropriateness in estate planning
2. The nature of insurance and, in particular and its use and appropriateness in estate planning
3. The nature of wills and their use and appropriateness in estate planning
4. The nature of pre-nuptial agreements and their use and appropriateness in estate planning
5. The nature of a gift and its use and appropriateness in estate planning
6. The nature of loans and its use and appropriateness in estate planning

Module 6: Trust Protection Issues:
1. The general rules and benefits of asset protection
2. How far trusts offer protection for trust assets on breakdown of marriage
3. How far trusts accrued benefits are protected from creditors

This course is primarily designed for individuals who are interested in obtaining the "Trust Training Certificate" to qualify for the Hong Kong Trustees' Association Certified Trust Practitioner™ designation.

It is also relevant for individuals seeking a comprehensive understanding of the course subject matter and those planning to enter the Trust industry sector.