This advanced course is specifically designed to assist trust practitioners and financial services professionals in developing detailed knowledge and practical understanding of complex trust issues and concepts involving parties to a trust, special trust assets, trust management, trust accounting, asset protection, forced heirship, anti-money laundering and compliance, and modern developments in trust law.
Upon completion of the course, participants should be able to:
Develop a practical understanding and analysis of complex trust concepts and issues involving Bahamian trusts.
Gain detailed knowledge of trust administration and management as they relate to parties to a Trust and special trust assets.
Integrate company law and accounting principles into the administration of Bahamian trusts.
Analyze principles and issues relating to anti-money laundering and compliance for trust administration and management.
Discuss modern developments in trust law and administration.
Unit 1 - Duty of Confidentiality
Unit 2- Trust Documentation and Communications
Unit 3 - Trustee Committee and Trustee Discretionary Powers
Unit 4- Trust Policies and Procedures
Unit 5 - Protector and Power Holder
Unit 6 - Trust Investments
Unit 7 - Trust Accounting
Unit 8 - Special Assets and Underlying Companies
Unit 9 - Forced Heirship and Asset Protection
Unit 10- Private Trust Companies, Purpose Trusts, and Charitable Trusts
Unit 11- Anti-Money Laundering and Countering Terrorist Financing
Unit 12- Modern Developments in Trust Law and Administration
Participants in the course will be assessed by 2 three-hour examinations. The passing mark for the examination is 70%.
Duration: 11 Weeks (22 classes)
Days: Thursdays and Saturdays
Time: 6:30 p.m. - 9:30 p.m. | 9:30 a.m. - 12:00 p.m.
Learning Platform: Zoom
Fee: $3,200 (members) and $3, 600 (non-members) + Registration $50.00
Payment Plans are available
The National Accreditation and Equivalency Council (NAECOB) is a statutory body established under the National Accreditation and Equivalency Council ACT of The Bahamas on the 4th of October, 2006; assented on 29th of December, 2006 and came into force 28th February, 2007. NAECOB is responsible for registering and accrediting primary schools, secondary schools, post-secondary schools, and any institution that offers training in The Bahamas. The National Accreditation and Equivalency Council of The Bahamas began operation in 2016.