This course looks in detail at different types of Trusts and the most appropriate Trust tailored to your client’s needs, securing their financial future and protecting the interests of beneficiaries. Following the introduction
This course looks in detail at different types of Trusts and the most appropriate Trust tailored to your client’s needs, securing their financial future and protecting the interests of beneficiaries. Following the introduction of the Residence Nil Rate Band, this course also talks you through everything you need to know about how these changes affect your clients planning, and how our unique Trust deals with this legislation.
The definitive guide to Trusts and Taxation of Trusts will increase your knowledge, progress your business and boost your income.
Session 1 – Tuesday 30th November 9:30am – 1pm
Types of Trust and how they are taxed
- Absolute Trusts
- Discretionary Trusts
- Exit charges, periodic charges, and CLTs
- Interest in Possession Trusts / Life Interest Trust
- Immediate Post Death Interest (IPDI)
Section 142, IHTA 1984
- Deeds of Variation. Are they still important, and when can they be used?
Section 144, IHTA 1984
- What does this section do?
- Why is it likely to become more frequently used than section 142 above?
New Section 62A (Anti Rysaffe legislation)
- Trusts settled by Will
- Trusts settled in lifetime- Life Policies- Property- Investments
- The Countrywide PPPT compared to other lifetime settlements of the main residence into Trust
Session 2 – Wednesday 1st December 9:30am – 1pm
Specialist Trusts & their uses
- What is a Declaration of Trust used for?
- Trust of Land
- Non Settlor Interest Trusts to hold over CGT
- Life Assurance Trusts – Why use CTTC’s Trusts?
- Pension Trusts
Inheritance Tax Planning
- Exemptions and Reliefs
- Spousal Exemption
- Charity Exemption
- NRB (Nil Rate Band)
- RNRB (Residence Nil Rate Band) to include details of the unique Countrywide Discretionary Trust that can deal with RNRB and NRB
Investments in Trust
- What to consider when investing funds from a trust, and why
Book your place now!
Contact [email protected] today for more information!
(Tuesday) 9:30 am - 1:00 pm