Will Writer to Estate Planner
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
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
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
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
(Tuesday) 9:30 am - 1:30 pm