Will Writer to Estate Planner

03oct9:30 am1:30 pmWill Writer to Estate Planner

Event Details

Reminder – If you have attended the Foundation Part 2 previously, you are welcome to only attend session 3.

The course will be consolidated across 5 sessions remotely:

Tuesday 3rd of October

Wednesday 4th of October

Thursday 5th of October

9.30am – 1pm approx

Session 1 – The guide to what ‘commons trusts’ do and don’t do for your clients

Covering: Taxation, protection and flexibility

Including: What do you need to know to interpret a trust for your clients?

  • Bare/Absolute Trusts
  • Declarations of Trust
  • Bereaved Minor/Children’s trusts
  • 18 – 25 Trusts
  • Life Interest Trusts
  • Flexible Life Interest Trusts
  • Discretionary Trusts
  • Interest In Possession Trusts (IIP)
  • Immediate Post Death Interest Trusts (IPDI)
  • Asset Protection Trusts
  • ‘Life office’ Life Insurance Trusts

Session 2 – The Guide to CTT Group’s trusts and how they can provide client solutions like no others

Covering: Different types of trusts

Including: The Taxation, protection and flexibility benefits of:

  • The NRB and RNRB Trusts vs

Bereaved Minor/Children’s trusts

18 – 25 Trusts

Life Interest Trusts

Flexible Life Interest Trusts

Discretionary Trusts

Interest In Possession Trusts

Immediate Post Death Interest Trusts

  • Family Business Trust vs ‘Discretionary Trust’
  • The Family Probate Preservation Plus Trust (PPPT) vs Asset Protection Trusts (APT)
  • The Family Investment Probate Trust vs ‘life office’ Probate trusts
  • The Family Life Assurance Trust vs ‘life office’ Life Assurance trusts
  • The Family Holdover Gift Trust vs Gift trusts
  • Trust of Land vs Declaration of Trust
  • How and why is a flexible power of appointment IIP trust so essential in estate planning….
  • Life Interest vs Defeasible IIP – why the latter is a crucial estate planning tool

Session 3 – How Assets are Placed in Trusts

Covering: how the assets are transferred is as important as the trust itself

Including:

When is a Trust populated?

– Death Trusts

– Lifetime Trusts

How is a Lifetime trust populated?

– Investments and life policies (deed of assignment)

– Evidential Trusts of Land

– Property/Land – title

What happens following a house being placed into Trust?

– What does it mean to the client

– What sort of interaction with the trustees moving forward might be needed?

– How much protection can a trust really give?

How do the conveyancing documents work?

– Where and why might restrictions only be used as opposed to transferring legal title

– What is the difference and does it dilute the effectiveness of the protection of the trust?

– Probate and lifetime trusts – how do they interact?

– Example and worked explanation of completed legal title

What to expect down the line?

– New First Registration process

– Legacy Software changes for input

– New Products including: Sales and purchases for properties with mortgages

Transferring life policies investments and other assets into trust

– ‘Rysaffe’ planning – what does it mean?

– Further Planning opportunities and considerations

Get in contact with us today for further information:

T: 01926 514 390 ext 9170

E: newentrants@ctt-group.co.uk

W: www.ctt-group.co.uk

Book here.

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Time

October 3, 2023 9:30 am - 1:30 pm(GMT+01:00)

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