Overview
The ACCA and Altior are pleased to offer the Probate and Estate Administration course Live Online to ACCA members who hold a practising certificate and other professionals.
Attending this course will authorise you to offer your clients a probate service.
Practitioners wishing to apply for authorisation for probate are required to hold a legal activities qualification. Members of the ACCA must hold a practising certificate and have successfully completed a relevant course and assessment covering specific areas of probate work.
A non-ACCA member is eligible if they:
- Are a member of another International Federation of Accountants (“IFAC”) body;
- Are entitled to practise accountancy;
- Hold, or are eligible to hold, probate authorisation with another approved regulator, or demonstrate an appropriate level of competence to carry out probate work; or
- Intend to undertake probate work in a firm that holds, or is applying for, a FLAC from the ACCA, and complete an application form to register as an ALAI.
- Practitioners wishing to apply for authorisation for probate are required to hold a legal activities qualification. Members of ACCA must hold a practising certificate and have successfully completed a relevant course and assessment covering specific areas of probate work.
TBC: Please contact us for future course dates
- Understand the requirements for a valid will;
- Understand the intestacy rules;
- Identify the probate papers required to obtain a Grant (including Inheritance Tax (“IHT”));
- Understand the duties of a Personal Representative (“PR”);
- Identify the steps necessary to administer the estate and complete the administration; and
- Be able to offer a full service to clients.
- Validity of Wills
- Intestacy
- Analysis of a Will
- Inheritance Tax
- Obtaining a Grant
- IHT Forms
- Duties/Powers of PRs
- Administration of the Estate
- Completing the Administration
- Estate Accounts
This course is delivered Live Online via six two-hour tuition sessions over a number of weeks. You will receive pre-course reading which must be completed prior to attending the first tuition session.
The Live Online format of this course provides you with an opportunity to interact with the trainer and other students via various interactive tools whilst accessing the course from either the home or office.
All six tuition sessions will need to be attended in order for you to obtain all the knowledge required to sit the assessment.
Recordings are made available to support your revision both before and after the assessment.
Practice assessment materials will be made available to you following completion of the six Live Online tuition sessions.
You will need to sit and pass a three-hour multiple choice online assessment following the tuition. The assessment will consist of 75 questions across all 10 learning outcomes.
You will need to obtain a 50% pass mark to pass the assessment. If you do not reach this threshold, you will have an opportunity to re-sit one further assessment within 12 weeks of your first attempt. The assessment only fee will be payable for this re-sit assessment.
Should you fail this re-sit assessment, they will be required to undertake and pay for the full tuition course again before being allowed to sit a further assessment.
You will be provided with approximately 12 hours of pre-course reading to complete prior to attending the first tuition session.
This material provides background legal and regulatory content which you will need to be familiar with for both the tuition course and the assessment.
This will be made available to approximately three weeks prior to the course start date.
1. Understand the Legal Services Act 2007 as it applies to probate activities.
2. Understand the main principles of the law of trusts and the law of property in so far as they apply to the practice of probate and administration of estates.
3. Understand the requirements for a valid will and of testamentary capacity.
4. Understand how to interpret the contents of a will and advise on the distribution of testate, intestate, and partially intestate estates.
5. Understand the scope for claims under the Inheritance (Family and Dependents) Act 1975.
6. Understand the different types of will trusts and taxation implications.
7. Understand how to apply the law and practice in connection with an application for a grant of representation.
8. Understand how to administer an estate (both testate and intestate).
9. Understand key aspects of Inheritance Tax.
10. Understand the duties, powers, and liabilities of Personal Representatives.
8. Understand how to administer an estate (both testate and intestate).
9. Understand key aspects of Inheritance Tax.
10. Understand the duties, powers, and liabilities of Personal Representatives.
More information on the individual criteria can be found here.