Incorporating Digital Assets and Cryptocurrency into Traditional Trust Structures
This webinar forms part of the 2025 Trusts Series.
Description
This webinar explores how to incorporate digital assets and cryptocurrency into traditional trust structures. It addresses the ambiguity of beneficial versus legal ownership, practical challenges for trustees managing cryptoassets, and key trust, regulatory, and tax considerations. Attendees will gain insights on investment powers, the delegation of cryptoasset management, and determining situs, helping trustees navigate this evolving space while fulfilling their core duties and safeguarding the trust fund.
This webinar provides one-hour of CPD and offers insights and updates from a leading industry-expert speaker.
Delegates places are interchangeable with colleagues from the same organisation.
Content
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The ambiguity of beneficial versus legal ownership of cryptoassets, and what this means from a trust perspective
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The practical concerns with a trustee maintaining control over cryptoassets they own, and how this interacts with the core trustee duty of safeguarding the trust fund
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Trust, regulatory, and tax concerns regarding the custody of cryptoassets
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The extent to which a trustee can rely on general powers of investment to acquire cryptoassets, or whether an express power is required
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The extent to which a trustee can appoint others to advise on or manage the investment of cryptoassets for the trust
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Determining the situs of cryptoassets
Presenter
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Alex Tamosius Senior Associate, Private Client at Forsters LLP |
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Alex is a Senior Associate in the Private Client team. He principally advises on tax and succession planning arrangements for UK and non-UK resident, UK domiciled and non-UK domiciled individuals, and the UK corporate tax and structuring aspects of non-UK asset-holding structures. He trained with Macfarlanes LLP and joined the Private Client team at Forsters when he qualified as a solicitor in 2014. Alex is a ranked lawyer in the personal tax, trusts and probate section of the 2023 edition of The Legal 500. |