Despite the credit crunch and housing price crash, the value of estates is still rising upwards and that affects not only how wills should be structured, but also how you advise in relation to Inheritance Tax and administration.
This course is designed to give you the basic skills required to ensure trouble-free probate and estate administration.
This course is popular with both trainee solicitors, looking to develop new skills, and with qualified solicitors, who either want to brush-up on their skills, or are moving into a new area of practice.
- A concise and practical understanding of how to apply for probate and administer an estate
- Advice on how to draft oaths of administration and fill in Inheritance Tax returns
- Practical tips on taking client instructions and collecting information for the estate
- A checklist of everything you need to be successful in probate and estate administration.
Live Online – 14 July 2022
Live Online – 25 October 2022
- Legal Knowledge/Skills
- Taking Full and Proper Probate Instructions
- Collecting Relevant and Necessary Information About the Estate
- Understanding the Role of Personal Representatives and Who Can Apply for the Grant
- Preparing the Oath for Personal Representatives and the Inheritance Tax Returns
- Administering the Estate
- Practical Tips and Relevant Cases.
Whilst there are no formal knowledge or practice pre-requisites, delegates with some experience of probate and estate administration will derive the most benefit from the session.
Everyone attending this course must complete the preparatory exercises in advance. Please note that the preparation includes exercises and a case study, which will be used as reference and discussion point during the day, facilitating group discussions and enabling you to move on to explore important concepts in greater detail. Failure to complete the work in advance will, therefore, not allow you to derive maximum benefit from the training and may limit your ability to participate in group activities.
The post-coursework for this course is completion of a Personal Development Plan.
By completing this exercise, you will reflect on the knowledge acquired from attending this course, and plan and record ongoing learning and development needs; as required by the SRA continuing competence regime.
A2 Maintain the level of competence and legal knowledge needed to practise effectively, taking into account changes in their role and/or practice context and developments in the law
A4 Draw on a sufficient detailed knowledge and understanding of their field(s) of work and role in order to practise effectively
A5 Apply understanding, critical thinking and analysis to solve problems
B1 Obtain relevant facts
B2 Undertake legal research
B3 Develop and advise on relevant options, strategies and solutions
B4 Draft documents which are legally effective and accurately reflect the client’s instructions
C1 Communicate clearly and effectively, orally and in writing
C2 Establish and maintain effective and professional relations with clients.