Estate Planning Foundation Course
This course introduces Will Writing and discusses in detail the use of Will-based Trusts. It outlines the use of Discretionary Trusts, Pilot Trusts and Asset Protection Trusts. On completion of this course you can confidently advise, explain and utilise Trusts, enabling you to provide a bespoke Estate Planning service to suit your client’s individual needs.
The course provides a practical introduction to making Lasting Powers of Attorney, identifying the parties involved. Registering Lasting Powers of Attorneys, drafting restrictions and conditions, together with avoiding errors and negligence.
As part of the Training program you will be required to complete practical assignments using a Training version of the Countrywide Legacy Software. Access to this software will be provided to you before the end of Session 1.
Please note the software is only compatible with Windows based machines and will not operate on a Mac.
This course can no longer be booked.
Course Session Details
- Who are CTT Group
- Estate Planning Team
- Why you should make a Will
- Intestacy
- Mental Capacity
- Roles in the Will
- Powers in the Will
- Codicils and alterations to a Will
- Clients Estate
- Legacies & Residue
- Tax Allowances
- Ownership of assets & problems of basic wills
- Threats to wealth
- What is a Trust
- Questions
- Bloodline planning
- NRB (tax-free allowance)
- RNRB (tax-free allowance)
- Solutions for married and non married couples with an estate value below the tax free allowances
- Solutions for married couples with an estate value above the tax free allowances
- Short introduction of how to deal with Business and Agricultural assets in the Will
- Lump sum Pension Death Benefits and Estate Planning
- Questions
- The Probate Preservation Plus Trust (PPPT)
- Lasting Powers of Attorneys and their importance to your clients
- Document Storage
- Assignment 1 – Basic will
- Assignment 2 - Will directing assets between two trusts and x2 MOW
- Assignment 3 – LPA
- Risk - What are the risks? How do we identify these?....Who are we protecting?
- Software & Legacy Portal
- Communication
- Training
- Assignment – process of Recommendations Report and Client Simulator
- Contracts
- Introduction to BEST Foundation
- Tracking orders submitted to CTTC
- Software
- Questions
This hour long session is all about you! Hosted by the Estate Planning and Partnership Teams, we offer an open forum where you can ask any questions about the course content, or over anything you’re unsure about. Attendance is completely optional—you can join to take part, listen in, or simply drop by. Whatever suits you, this session is designed to address your needs and help you feel confident moving forward. We encourage plenty of questions and look forward to a lively discussion.