• March 29, 2024
 Everything you need to know about Trusts and Taxation! Foundation Course – Part 2

Everything you need to know about Trusts and Taxation! Foundation Course – Part 2

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!

https://www.eventbrite.com/e/the-definitive-guide-to-trusts-and-taxation-foundation-part-2-tickets-161118889937?inf_contact_key=a0203b082ebf3f2aee6120bb953585791b0a3f0fd3ee5d9b43fb34c6613498d7

Contact newentrants@ctt-group.co.uk today for more information!

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 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. This includes the New entrants team, Training, Estate Planning Team, Professional Indemnity Insurance Service & the Resource Hub. 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 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 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. This includes Residential and Commercial Conveyancing, Litigation, Document production, Client care, Professional Executor & Professional Executor. 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 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. Click here for more information: https://ctt-group.co.uk/ Contact: CTT Group Tel: 01926 514 390 Email: enquiries@ctt-group.co.uk Address: CTT Group, Gables House 62 Kenilworth road Leamington Spa CV32 6JX