Probate administration and challenges: The need to knows – 10 Part Series

The process of administering estates is becoming more complex due to a number of factors, not only due to changes at the probate registry and HMRC but also because of economic changes. Digital assets, crypto currency and bitcoin are becoming more commonplace, and there are more widespread tax planning measures being undertaken by individuals in their lifetime due to the freezing of tax allowances for so long.

In addition, claims are being made more regularly against estates. It has never been more essential to protect yourself and your firm from claims against will validity and learning the processes for making or receiving inheritance act claims, and lodging caveats.

This 10 part series is designed to walk you through the process of an administration, the forms to complete, and dealing with challenges and claims. You will also learn some practical tips in respect of safeguarding your firm from these in the future.

What You Will Learn:

This course will cover the following:

• The initial stages of an administration, and the processes involved
• Whether a grant is required
• The different types of grant available
• The IHT 400 and pitfalls including valuation issues, disclosure of lifetime gifts, APR ad BPR
• The deceased’s tax position – Income tax, CGT
• The estate’s tax position – Income tax, CGT
• Completing the administration
• Missing beneficiaries and how to deal with them
• Challenges against Wills
• Caveats and how to deal with them
• Larke v Nugus
• Inheritance Act Claims; when they can be made, timescales and method

Who Should Attend:

This course is suitable for practitioners wishing to move into this field, those who require a refresher and for training paralegals and support staff to become more hands-on fee earners.

Level:

All levels can benefit from this seminar

Dates:

• Tuesday 7^th Jan 11am
• Tuesday 14^th Jan 11am
• Tuesday 21^st Jan 11am
• Tuesday 28^th Jan 11am
• Thursday 6^th Feb 1 pm
• Tuesday 11^th Feb 11am
• Tuesday 18^th Feb 11am
• Tuesday 25^th Feb 11am
• Tuesday 4^th March 1pm
• Tuesday 11^th March 11am

The process of administering estates is becoming more complex due to a number of factors, not only due to changes at the probate registry and HMRC but also because of economic changes. Digital assets, crypto currency and bitcoin are becoming more commonplace, and there are more widespread tax planning measures being undertaken by individuals in their lifetime due to the freezing of tax allowances for so long.

In addition, claims are being made more regularly against estates. It has never been more essential to protect yourself and your firm from claims against will validity and learning the processes for making or receiving inheritance act claims, and lodging caveats.

This 10 part series is designed to walk you through the process of an administration, the forms to complete, and dealing with challenges and claims. You will also learn some practical tips in respect of safeguarding your firm from these in the future.

What You Will Learn:

This course will cover the following:

• The initial stages of an administration, and the processes involved
• Whether a grant is required
• The different types of grant available
• The IHT 400 and pitfalls including valuation issues, disclosure of lifetime gifts, APR ad BPR
• The deceased’s tax position – Income tax, CGT
• The estate’s tax position – Income tax, CGT
• Completing the administration
• Missing beneficiaries and how to deal with them
• Challenges against Wills
• Caveats and how to deal with them
• Larke v Nugus
• Inheritance Act Claims; when they can be made, timescales and method

Who Should Attend:

This course is suitable for practitioners wishing to move into this field, those who require a refresher and for training paralegals and support staff to become more hands-on fee earners.

Level:

All levels can benefit from this seminar

Dates:

• Tuesday 7^th Jan 11am
• Tuesday 14^th Jan 11am
• Tuesday 21^st Jan 11am
• Tuesday 28^th Jan 11am
• Thursday 6^th Feb 1 pm
• Tuesday 11^th Feb 11am
• Tuesday 18^th Feb 11am
• Tuesday 25^th Feb 11am
• Tuesday 4^th March 1pm
• Tuesday 11^th March 11am