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 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 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
- Intend to undertake probate work in a firm that holds, or is applying for, a FLAC from ACCA, and complete an application form to register as an ALAI.
Live Online (All sessions 10am – 12pm)
- Session 1 – 14 June 2021
- Session 2 – 16 June 2021
- Session 3 – 18 June 2021
- Session 4 – 22 June 2021
- Session 5 – 23 June 2021
- Session 6 – 25 June 2021
- 12 July 2021
- Understand the requirements for a valid will
- Understand the intestacy rules
- Identify the probate papers required to obtain a Grant (including IHT)
- Understand the duties of a Personal Representative (PR)
- Identify the steps necessary to administer the Estate and complete the administration
- Able to offer a full service to clients
- Validity of Wills
- 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 6 x 2 hour sessions over a number of weeks. Delegates receive pre-course reading which must be completed prior to attending the first Live Online session.
The Live Online format of this course provides delegates with an opportunity to interact with the trainer and other delegates via various interactive tools whilst accessing the course from either the home or office.
All 6 sessions will need to be attended in order to obtain all necessary knowledge to sit the assessment.
Recordings are made available to all delegates to support revision before and after the assessment.
Practice assessment materials will be made available to all delegates following completion of the 6 Live Online sessions.
All delegates will need to sit and pass a 3 hour multiple choice online assessment following the course. The assessment will consist of 75 questions across all 10 learning outcomes and is formed of multiple choice and single best answer question types.
Delegates will need to obtain a 50% pass mark across the 75 questions in order to pass the assessment. If a delegate does not reach this threshold, they will have an opportunity to re-sit one further assessment within 6 months of the course start date. The assessment only fee will be payable for this re-sit assessment.
Should a delegate fail this re-sit assessment, they will be required to undertake and pay for the full course again before being allowed to sit a further assessment.
Delegates will be provided with approx. 12 hours of pre-course reading to complete prior to attending the first session.
This material provides background legal and regulatory content which delegates will need to be familiar with for both the course and the assessment.
This will be sent approx. 3 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.
More information on the individual criteria can be found here.