A Blend of Trusts, Wine & AI: Insights for the Modern World

A Blend of Trusts, Wine & AI: Insights for the Modern World

Join us for an engaging and practical CPD session exploring how trusts fit into modern estate planning followed by relaxed wine tasting and a further session on what the wine industry can teach us about the use of artificial intelligence in business.

Our first speaker, Rosie O’Hanlon-Hills will break down the essentials of will trusts, common gaps in estate plans, and how recent pension changes influence inheritance tax planning. Whether you’re advising already or building towards advice, you’ll gain practical insights you can apply in real conversations with clients.

After the talk, stay for an interactive session where through the tasting of 5 different wines, Jeff Heasman will help us to address these issues by combining his doctoral level research into automation of decision-making in financial services with the knowledge, passion and experience he has gained from operating a wine business in Galicia,Spain.

Learning Outcomes - Attendees will be able to:

· Understand the three pillars of an estate plan, their importance and how to spot missing components.

· Describe what a will trust is and outline the three main types of will trust: age-contingent, interest in possession and discretionary

· Understand the planning reasons for using each of these will trusts.

· Identify the type of trust used in a client’s will and understand its implications.

· Outline the steps executors and trustees must take when someone dies, including key duties.

· Understand the role of trusts within inheritance tax and pension planning, including context around forthcoming pension changes.

· Identify the role of humans in business processes and current trends in automation.

· Recognise the trends we are likely to see in financial services in the near future with regards to AI.

· Implement a strategy to take account of the need for humans in the loop against the backdrop of automation and increasing use of AI.

Event Agenda:

14:15 – Arrival & Registration: Guests arrive, check in, and have time to settle before the session begins.

14:30 – Welcome & Introductions: Overview of the event & introduction to the Personal Finance Society Local Society.

14:40 – Trusts & Estate Planning Session: Guest speaker presentation covering will trusts, estate planning essentials, common gaps, and the interaction with pensions and IHT.

15:30 – Wine Tasting & AI: Guest speaker covering what Winemaking can teach us about AI in financial services.

17:30 – Finish