Estate Planning & Trusts

This one-day course will enable students to get a better understanding of the way trusts are used, to successfully identify the needs of their clients and to advise on the correct trust to fit their client. The aim of the course is to be able to advise and explain the advantages of each trust, to better understand the tax issues around these trusts, and to identify the differences between each trusts.

DURATION:
1 Day
ID:
EPT
CREDIT:
5 Hours CPD
PRICE

Address

Chancery House, Whisby Way, Lincoln, LN6 3LQ   View map

This one-day course will enable students to get a better understanding of the way trusts are used, to successfully identify the needs of their clients and to advise on the correct trust to fit their client.

The aim of the course is to be able to advise and explain the advantages of each trust, to better understand the tax issues around these trusts, and to identify the differences between each trusts.

In the morning we look at Will-based trusts and use practical examples highlighting how these trusts work, enabling the student to identify the correct path for their client.

            In particular, we consider the use of:

A)  Relevant Property Settlements:

1)   NRB Trust and full discretionary trusts;

2)   Business Property Relief Trusts;

3)   Disabled Discretionary Trusts;

4)   Bereaved Minors Trust;

5)   Bereaved Young Persons Trust; and

6)   Right to occupy.

B)  Immediate Post Death Interest Trusts:

1)   Plain IPDI Trusts;

2)   Protective Property trusts; and

3)   FLITs.

The session will be concluded by applying the use of different trusts to case studies to ensure a full understanding of Will-based trusts.

The afternoon is designed to bring a further understanding as to how lifetime trusts are used in estate planning:

a)   Asset Protection Trusts – this section examines how these trusts are employed, and explores the differences between tax mitigation and asset preservation.

b)   This part of the course looks at the way these trusts should be promoted so the rules established under the Charging for Residential Accommodation Guide (CRAG) are not breached.

c)   The use of pilot trusts and how these can be used in both life and death, given recent developments and the changes to legislation planned for the near future.

d)   How to conclude a successful fact find.

This will be followed up with practical case studies on different sized estates, and consideration of what plans should be used in these case studies.  

2017 Dates:

 

20th July – Fully booked

21st  September

26th October

30th November

 

Feedback:

“You simply don’t expect a tutor like James when you think about a trust course. James was very personable and makes the subject very light and easy to follow. A good intermediate course”. JC – 14/03/2017

“James was terrific, he struck a wonderful balance in ‘lightening up’ what is a very serious business. As soon as saw someone so young sitting at the head of the table I knew he was going to be ‘Oxbridge’ – it’s the air of authority and confidence! What other section of society could dress like that at a boring old will writer’s course. It was very refreshing” – D.O – 25-05-2016

“James was excellent, very knowledgeable and his presentation skills were fantastic making it interesting to listen to and easily understood. Everyone was singing his praises after the training.” – SB – 31-06-2016

The College can offer this course at a reduced rate when purchased with the 3 day course. For more info contact The College of Will Writing on 01522 68 78 88

Contact Us

About

The primary aims of the College are to secure proper public recognition of the professional status of the Will Writing practitioners and to raise and maintain the standards of knowledge, understanding and competence within the profession. The College regards these aims as mutually inclusive and recognises the diversity of entrants into the profession, the wide range of vocational needs, and the nature and degree of support that is obtained from the organisation of which one is associated.

Contact Us

Email: diane@willwriters.com

Tel: 01522 687888 (Option 1)

College of Will Writing,
Chancery House
Whisby Way
Lincoln
LN6 3LQ

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