Trust Practitioner's Toolkit

ISBN-13: 9781784461218 / Angielski / Mixed media product / 2018 / 112 str.

Gill Steel

Opis

The work of the trust practitioner is based on excellent record keeping, regular reviews and good data collection. The latter is complicated by increasing regulatory requirements concerning taxation, money laundering and data protection. To facilitate effective trust management, particularly in smaller firms where it is mostly not cost effective for practitioners to be supported by expensive computer software, manual records need to be kept. Even where IT is used it is often down to the individual practitioner to design the necessary forms to use in the programme. Moreover, hard copy forms are often useful to record data, which is then entered on the system by a more junior member of staff. This book of useful checklists, records and forms is an essential support tool for trust practitioners and is designed as a companion to the Trust Practitioner's Handbook. It will include, among others: * Various checklists to support risk management * Automatic exchange of information records for FATCA and CRS * Trust Registration Service information form * Trust creation and review forms * Trust Information form. Key Features and Benefits * Contains a wide range of useful checklists, records and forms to support the trust practitioner * Acts as an aide memoir for procedural tasks to be completed at various stages of work, e.g. creating a trust or file review * Helps practitioners to avoid pitfalls such as missing time limits, filing deadlines, compliance tasks and recording, etc. * Allows some work to be carried out by more junior staff * Designed as a companion to the Trust Practitioner's Handbook.