Training Course: Wills, Trusts and Estate Planning for Support Staff

Wills, Trusts and Estate Planning for Support Staff

This training webinar series is brought to you by Today’s Training and HTF Legal Training.

Whilst other sectors of law have suffered throughout the current economic climate, the private client sector has continued to grow at a rapid pace. Wills are in high demand, care fees and tax planning are becoming commonplace, and one in four estates are now contested.

The result of this is that many people are now starting to work in this area and support staff are under increasing demand to draft and execute Wills, being asked to understand the clauses within the same, their implications, and discussing these with clients both face to face or online.

Will drafting is also becoming more complex due to the nature of tax planning and care fees planning.

Helen Forster will deliver the training and will also provide an introduction to Trusts, please see below for more information.

These 10 sessions are designed to provide an introduction to will drafting, as well as discussing the more common forms of ‘complex’ clauses such as life interest trusts, discretionary trusts, and business clauses. The sessions will also consider the new Residence Nil Rate Band and its impact on will drafting, along with practical problems and current case law on wills, including Inheritance Act claims.

The training course will cover:

  • The principles of will drafting
  • The layout of wills: common clauses, gifts, and gifts of residue
  • Care fees planning and life interest clauses
  • Discretionary trusts
  • The Residence Nil Rate Band and its impact on drafting
  • Recent case law
  • The different types of trusts available
  • The Basics of Trust Tax
  • Lifetime trusts VS Will trusts
  • What to advise your client on Will trusts

 Learners will understand:

  • Terminology, the basic requirements, and formal validity of wills
  • Inheritance tax
  • Drafting a will – standard clauses, ‘simple’ wills, life interest wills, discretionary trust wills and the 2-year rule
  • Revocation and alteration of a will
  • Alterations to a will
  • Beneficiaries – identification, unknown and missing beneficiaries
  • Survivorship clauses and forfeiture
  • Larke v Nugus requests and release of documentation
  • Challenges to Wills and “Inheritance Act” Claims
  • Deeds of Variation to a Will and their implications
  • Trust Registration Service

Extensive notes will be provided and time will be set aside for delegate questions

This course begins on Tuesday the 24th October for 10 weeks and will be available to watch live and on-demand if it does not fit into your schedule. For more information on this course, please see our website: 

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