The Essential Trustee Course


Course Cover

Register for this course

We are proud to offer this course in a variety of training formats to suit your needs. We use the highest quality learning facilities to make sure your experience is as comfortable as possible. Our face to face calendar allows you to choose any classroom course of your choice to be delivered at any venue of your choice - offering you the ultimate in convenience and value for money.


I Want To See More Dates...

Unfortunately, we do not have any dates scheduled at this time. Do you have a date in mind when you would like to take your training?

Request Custom Schedule

Contact Us on (+254) 715 077 817 / (+254) 792 516 000 or email us [email protected].

I Want To See More Dates...

Unfortunately, we do not have any dates scheduled at this time. Do you have a date in mind when you would like to take your training?

Request Custom Schedule

Contact Us on (+254) 715 077 817 / (+254) 792 516 000 or email us [email protected].


Introduction

Trustees play a crucial role in managing trusts, which are legal arrangements where a person or entity (the trustee) holds and manages assets on behalf of others (beneficiaries). Trustees are responsible for ensuring that the trust is administered according to the terms outlined in the trust document and in compliance with relevant laws.

This essential trustee course is for participants taking on the role of a trustee to understand their responsibilities, legal obligations, and ethical considerations.

Duration

5 Days

Who Should Attend?

  • Current Trustees
  • Prospective Trustees
  • Trust Administrators and Professionals
  • Legal and Financial Professionals
  • Nonprofit and Charitable Organizations

Course Level:

Course Objectives

·         Define the role and responsibilities of a trustee.

·         Explore the legal and ethical obligations associated with trusteeship.

·         Familiarize participants with relevant legal frameworks and regulations governing trusteeship.

·         Provide an overview of compliance requirements for trustees.

·         Introduce fundamental principles of good governance.

·         Discuss the importance of transparency, accountability, and integrity in trustee roles.

·         Develop financial literacy skills necessary for effective trusteeship.

·         Understand financial reporting and budgetary considerations.

·         Identify potential risks associated with trusteeship.

·         Learn strategies for risk mitigation and management.

·         Enhance communication skills for effective interaction with stakeholders.

·         Understand the importance of building positive relationships within the organization and the community.


Course Outline

Module 1: Introduction to Trusteeship

·         Definition and role of a trustee

·         Legal and ethical responsibilities

·         Historical context and evolution of trusteeship

Module 2: Legal Framework

·         Understanding relevant laws and regulations

·         Fiduciary duties of trustees

·         Legal liabilities and protections

Module 3: Governance and Decision-Making

·         Board structures and governance models

·         Board meetings and decision-making processes

·         Conflict of interest management

Pension fund strategies

·         Investment Principles and Strategies

·         Performance Monitoring and Reporting

·         Investment Tools and Techniques

Module 4: Financial Management for Trustees

·         Basics of financial stewardship

·         Budgeting and financial planning

·         Risk management and investments

Responsibilities to Beneficiaries

·         Identifying and understanding beneficiaries

·         Communication and transparency

·         Balancing interests and needs

Module 5: Charitable Trusts and Philanthropy

·         Overview of charitable trusts

·         Philanthropic goals and strategies

·         Grant-making and impact assessment

 Succession Planning

·         Succession planning for trustees

·         Managing transitions effectively

·         Ensuring continuity in governance


Related Courses


Course Administration Details:

Share this course:


Related Courses

People who took this course also viewed: