Administration of Estates - Problem-Solving Workshop

Introduction

Most private client practitioners know the fundamentals of estate administration, from applying for probate to collecting in assets.

But when an estate becomes more complex, those basics are rarely enough. Challenging administrations bring additional rules, calculations, and decisions that can quickly complicate the process.

This full-day, in-person seminar goes beyond a simple overview of the rules. Through practical case studies and step-by-step calculation walkthroughs, you will gain the clarity and confidence needed to handle estates where matters are not so straightforward.

Register today to strengthen your expertise and ensure you are fully equipped to manage complex estate administrations with confidence.

What You Will Learn

This course will cover the following:

• The application of the nil rate band and residence nil rate band
• Exemptions
• Business property relief and agricultural property relief
• Gifts out of income and allowable gifts
• Calculating quick succession relief
• Exemptions for armed forces - section 154
• Potentially exempt transfers and chargeable lifetime transfers
• Applying the backwards shadow and taper relief
• Applying the rules - grossing up and lifetime transfers
• Gifts with reservation of benefit
• Pre-owned asset tax - the calculation
• Calculating income tax and capital gains tax
• When to fill in a return
• Trust registration service and administration of estates
• Paying tax and clearance