CTT webinar: a brief guide to mitigating business risk as an estate planner

CTT webinar: a brief guide to mitigating business risk as an estate planner

All Estate Planners and Practitioners should always consider how to mitigate risk when taking instructions from clients. Although you may think that you do enough, there is always more to consider!

Why risk your business or reputation when there are simple processes you can implement to mitigate risk as much as possible?

Join our Legal Director Charlotte Ponder LLB TEP and our Team Leader Elizabeth Shimmell to discuss the following:

Dealing with Claims

Would you know what to do if a Larke v Nugus request arrived at your office? We will briefly cover what type of claims can arise after a client has passed away and how these claims can affect you, the Adviser that took the instructions. We will also cover the ways in which you can ensure that the best possible Will is drafted in the first place so that claims after death are prevented where possible.

Reducing the chance of error

We will cover the importance of Order Summaries, and why you should be getting your clients to double check the information they have provided you with before you proceed to draft any paperwork. We receive numerous queries from clients who have subsequently realised documents contain errors after drafting, or sometimes even signing them! Changes to documents are costly in more ways than one. How can you reduce and even stop them altogether?

AML

Anti-Money Laundering is becoming an increasing factor in everyone’s lives. We will explain why Anti-Money Laundering is so important for the work that you are carrying out, and cover the importance of obtaining documentation securely. How can you satisfy yourself that you are dealing with the person purporting to instruct you? How do you proceed when the person has changed their name over the years or has documentation in different names? This is a situation that actually occurs more often than you would think, so we will discuss why this is a problem and how you can broach the subject of ID with clients to ensure that your risk is mitigated.

GDPR

Data Protection is important for all businesses and should not be overlooked at any stage of your dealings with clients. With the changes that Covid 19 has brought, you may still be in a cross over between paper files and electronic storage. Are you working from home, your office, or between both? Who has access to any paper documentation or your online storage facility? How secure are your passwords? Where are you storing client’s ID and data? On your phone or in secure storage?

How CTT Group can Help You

CTT Group are here to help you with everything that is covered in this webinar, be it assistance with responding to a Larke v Nugus request or advising on a potential GDPR breach. We will outline the services we offer and how we can help.

Click the links below to Register.

Join us on Zoom on Friday 4th and Monday 7th February, 10:00am – 11:00am

Friday 4th: https://countrywidegroup-co-uk.zoom.us/webinar/register/4116418326621/WN_u3PZ7eT4SjG_cFRCQ8X63w

Monday 7th: https://countrywidegroup-co-uk.zoom.us/webinar/register/5916418331274/WN_EhFWn_JIQbKzyK2lVYUz7Q

This article was submitted to be published by Countrywide Tax and Trust Corporation as part of their advertising agreement with Today’s Wills and Probate. The views expressed in this article are those of the submitter and not those of Today’s Wills and Probate.

CTT Group

http://www.countrywidegroup.co.uk/

 

 

 

 

 

 

CTT Group is an established Legal Services firm providing multi-disciplinary support for the UK’s Professional Adviser community.

Their expertise spans multiple areas of Law, Estate Planning, Finance and Tax matters. CTT Group is recognised as a leading figure in the industry due to their wealth of experience and technical knowledge in the legal and financial sectors.

CTT Group is made up of six areas:

CTT Tax and Trust: a premium support system for the Professional Adviser community, providing professional executor and Trustee services. They specialise in Estate Planning, Tax and Trust matters and have a wealth of knowledge and experience in delivering the right solutions for your clients.

CTT Accountancy: A newly established Accountancy firm that will work in partnership with you and your business. CTT Accountancy is a practice of highly skilled and experienced accountants with expertise in trust matters, uniquely positioned to offer your clients a range of accounting services, whatever their needs.

CTT Legal: Providing innovative and modern solutions to even the most complex legal problems. CTT Legal offer comprehensive Legal advice alongside CTT Law; an SRA-regulated law firm and strategic partner of CTT Group.

CTT Private Client: Offering individual professional advice to high-net-worth individuals with various financial situations. Their specialist team have a wealth of knowledge and will work with you to understand your requirements and provide bespoke advice.

CTT Legacy Software: Ground-breaking legal software that will change how you work. Legacy was explicitly designed with you and your business in mind, so it will seamlessly align with your needs. It can also be tailored to suit your business needs, giving you complete control over your client journey.

CTT Professional Services: A specialised knowledge hub designed for the Professional Adviser community and CTT Group members. The Professional Services team will provide you with a bespoke training and support package to suit any business.

Click here for more information: https://ctt-group.co.uk/

Contact: CTT Group Tel: 01926 514 390

Email: [email protected]

Address: CTT Group, Gables House 62 Kenilworth road Leamington Spa CV32 6JX

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