Course description
Enhance your knowledge and skills to deliver holistic advice in England and Wales related to administering estates. This Advanced Certificate can be taken as part of the STEP Diploma.
- Trust classification and uses: Learn about the different types of trusts and how they can be used to protect assets, manage wealth, and achieve various financial objectives.
- Taxation insights: Gain an understanding of the tax implications associated with each trust type, enabling informed decision-making in wealth management.
- Modern tax planning: Receive advice on leveraging trusts as a valuable tool in contemporary tax planning, helping you to optimise your financial affairs.
- Legal expertise: Understand and interpret the intricate language within trust deeds, ensuring a clear comprehension of your legal obligations and rights.
- Estate planning and will preparation: Access guidance on preparing a valid will, assessing its content and value, and tailoring it to meet your specific objectives, including tax-effective strategies.
- Estate management and tax minimisation: Benefit from advice on efficiently managing your estate, dealing with probate and inheritance issues, and minimising the tax burden during the transfer of private client wealth.
Upcoming start dates
Suitability - Who should attend?
The course is designed for all professionals moving into or working in financial services (specifically trusts and corporate services), who wish to develop their understanding and knowledge of this area.
Students of this course typically include:
- trust assistants/officers/administrators/managers
- trustees/fiduciaries
- corporate administrators
- lawyers/solicitors/attorneys
- wealth managers
- accountants tax advisors
- compliance officers/managers
- private bankers
- secretarial/administration
- client relations/marketing/sales
- financial/estate planners
Outcome / Qualification etc.
- validity of the will
- layout and content of wills
- professional will drafting and the role of the courts
- revocation, alteration and republication of the will
- beneficiaries and the beneficial entitlement
- donatio mortis causa
- intestacy
- applying for a grant
- obtaining a grant
- administration of the estate
- joint wills, mutual wills and secret trusts
- the Inheritance (Provision for Family and Dependants) Act 1975
- post-death variations
- election and satisfaction
- foreign property and wills
Course delivery details
This course is available for study all year round, with intakes at different points throughout the year. The core programme is delivered through a blend of distance learning and four virtual workshops.
We recommend that you spend four to six hours per week on private study for a minimum of four months prior to the examination.
Enrolment onto this course will provideaccess to an online learning platform that contains:
- bespoke soft copy course manual
- supplementary resources
- self-assessment material
- distance learning support
- four days of online tuition.
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CLTI
CLTI provides training and qualifications to professionals working in the private client, wealth management, and investment funds industry across the globe. We are the primary education partner for STEP, the global professional association for practitioners specialising in family inheritance and...