Trustees - professional liability / by Vicki Ammundsen and Jeremy Johnson
By: Ammundsen, Vicki.
Contributor(s): Johnson, Jeremy.Publisher: Wellington, N.Z. : Continuing Legal Education, New Zealand Law Society, 2018Edition: September.Description: 33 p. ; 30 cm.Subject(s): Trustees | Liability | Trusts | Insurance | Accountants | Risk management | New Zealand
|Item type||Home library||Call number||Status||Date due||Barcode||Item reserves|
|Book||New Zealand||361 TRU (Browse shelf)||Available||CA015466|
Sources of trustee liability -- Extent of trustee liability -- Limiting liability and indemnities -- Insurance -- Governance considerations -- How trustee liability can be addressed or mitigated through appropriate governance -- A recent example -- Directions pursuant to the trustee act -- The use of corporate trustees to minimise liability -- director liability.
Highlights the main risks to accountants and lawyers when acting as trustees and provides some practical advice to minimise liability. Discusses a range of trustee liability issues such as suitable indemnity, insurance options, and governance considerations.