1975 Act Claims - How to Determine the Value of the Net Estate
Determining the value of the net estate is an essential part of bringing and defending any 1975 Act claim.
This enables you to advise on the potential outcomes of a claim, the costs risks, and the acceptable parameters of settlement.
Arguments over the value of the estate can themselves be costly and protracted, especially where the assets are not in the deceased’s legal name.
Those disputes are often complicated by the fact that they normally involve third parties, and because judges have such a wide discretion under the 1975 Act.
This new virtual classroom seminar will explain and demystify some of the key provisions in the 1975 Act.
What You Will Learn
This live and interactive session will cover the following:
- What assets can form part of the net estate?
- What assets do not form part of the net estate?
- How s.9 of the 1975 Act operates, in theory and in practice
- How the anti-avoidance provisions in sections 10-13 of the 1975 Act work, in theory and in practice
- Other anti-avoidance provisions that Claimants can use to increase the value of the net estate
Recording of live sessions: Soon after the Learn Live session has taken place you will be able to go back and access the recording - should you wish to revisit the material discussed.