Course description
Post-death variations are high risk so it is vital that you are equipped with up to date technical knowledge when you are advising your client on this topic.
Julie Bell presents this live and interactive broadcast which will highlight the common pitfalls of post-death variations, so that you can advise and draft in a way that minimises the possible risks.
It will outline the basic rules, situations in which a variation is advantageous, situations in which it would be problematic, how to create trusts by deed of variation, possible Inheritance Act claims, the tax consequences of different types of variation, and much more.
Upcoming start dates
Outcome / Qualification etc.
Training Course Content
Introduction
Post-death variations are high-risk and require up to date technical knowledge.
This new virtual classroom seminar will highlight the risks and pitfalls. You will learn how to advise and draft to minimise these so that you can offer bespoke and precise advice.
It is suitable for private client practitioners who advise on administration of estates and inheritance tax who wish to ensure their knowledge is up to date.
What You Will Learn
This live and interactive session will cover the following:
- The basic rules
- Situations in which a variation is advantageous
- Situations in which a variation is problematic
- Creating trusts by deed of variation
- Traps to watch out for
- Tax consequences of different types of variation
- Gaining the NRB or RNRB
- Compliance with testator's request
- Consideration - what does this mean?
- Implications of Donkey Sanctuary & ors v Bacchus & ors
- Inheritance Act claims
- Reducing risk
Expenses
MBL Seminars Limited
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