Trust Tax Fundamentals 2026: Introduction to Trusts

Explore how trusts are created, the legal principles that underpin them, key roles, trust types and the trust taxation framework.

In this session, we cover:

• Introduction to the case study

• How did trusts come to be?

• Legal nature of trusts

  • What is a trust?

  • Requirements for a trust at law

  • Key components and concepts

  • The trust deed

  • Role of Settlor

  • Role of Trustee

  • Residency of trusts

• Types of trusts

• Brief introduction to the taxation framework for trust income