IFSP Trusts Foundation Certificate case studies
IFSP Trusts Foundation Certificate · Put your knowledge to work in context.
The Foundation Certificate in Trusts Law and Management is a professional course listed by the Institute of Financial Services Practitioners (IFSP) Malta, an industry body representing financial services practitioners. The certificate is designed for those seeking a foundational understanding of trusts and their management, likely suitable for newcomers to the field, compliance staff, administrators, and professionals whose work intersects with trusts. The exam covers two main domains: Trusts Law (50%) and Trust Management (50%). Trusts Law focuses on the legal principles governing trusts, including creation, types, and trustee duties. The IFSP Trusts Foundation Certificate case studies are 5 cases and about 3,674 words.
1The Founder's Letter and the €300,000 Request
Northbridge Trust is a discretionary trust settled in 2016 with an €8m portfolio. The beneficiaries are the settlor's spouse, their two adult children, and remoter issue.
816 words, about 4 min2Concentration Risk in the Calder Trust
Calder Trust holds €12m: 65% in shares of an unlisted software company founded by the settlor, 20% in a single commercial property, and 15% cash. The beneficiaries are the settlor's two children, aged 12 and 15, and a charitable foundation that becomes entitled to income after 10 years.
715 words, about 4 min3The Capital Payment That Should Not Have Been Made
Wren Will Trust was created on Robert's death in 2019 with €2.4m. His second wife, Anna, receives income for life; on her death, capital passes to Robert's two children from his first marriage.
745 words, about 4 min4Administration, Connected Fees, and Missing Records
Ashby Trust is a €5m family trust administered by a licensed trustee company. The company's managing director, Paul, also owns 100% of Ashby Admin Ltd, which provides bookkeeping, beneficiary correspondence, and bank reconciliation under an oral arrangement.
698 words, about 3 min5The Protector Who Will Not Consent
Linden Trust, settled in 2012 with €3m, is for the settlor's three grandchildren. The trustee is a professional company.
700 words, about 4 min