Wills, Probate & Advising the Elderly Autumn Update 2024

£139 plus VAT

Lunch: £157 plus VAT

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Details
Venue: The Fed (formerly The Lancastrian Suite), Gateshead
Address: Lancaster Road, Dunston, Gateshead NE11 9JR
Directions: View Map
Date: Monday 30th September 2024
Time: 09:30-17:00
Speaker(s): Helen Forster, Professor Lesley King, Caroline Bielanska
CPD Time: 6 Hours
Sponsors
Information

KEY SUBJECTS

  • TRS LATEST POSITION
  • POWERS IN WILLS AND TRUSTS
  • TAXATION OF TRUSTS
  • DIGITAL LASTING POWERS OF ATTORNEY
  • STATUTORY WILLS
  • THE SELF DEALING RULE FOR ATTORNEYS AND DEPUTIES: THE CONSEQUENCE AND AVOIDING IT

SPEAKERS

Helen Forster, Solicitor, Director, HTF Legal Limited

Professor Lesley King, Professional Development Consultant, University of Law

Caroline Bielanska, Solicitor, TEP, Independent Consultant, Mediator, Author and Trainer

PROGRAMME

9.30am CHAIRMAN’S INTRODUCTION

TRS LATEST POSITION

Estates and trusts are now potentially subjected to the Trust Registration Service, but often are missed. In addition, the rules are being amended regularly, meaning that trusts that once required registration are now exempt, or vice versa. Practitioners need to be aware not only of the requirements to register but also the impact this has on will drafting and estate administration. This talk will cover

  • A brief overview of the TRS
  • The impact of the TRS on estate administration and will drafting
  • Co-habitees and the confusion of the TRS
  • Discrepancies and discrepancy reporting
  • What to advise a trustee

Helen Forster, Solicitor, Director, HTF Legal Limited

POWERS IN WILLS AND TRUSTS

Dealing with trusts and estate often requires an understanding of the powers given in the will or trust whether you are drafting the original instrument or advising on an existing instrument.

This talk will look at:

  • Administrative and dispositive powers
    • the differences
    • where power to appropriate fits in
  • Common dispositive powers in trusts
    • Why so many?
    • how they can be exercised
    • tips and traps
  • Administrative provisions
    • the STEP provisions 3rd edition
    • adding additional powers
    • limitations

 Professor Lesley King, Professional Development Consultant, University of Law

TAXATION OF TRUSTS

Dealing with trusts both in lifetime and within estate administration requires an understanding of the tax rules surrounding each particular type of trust. Often we consider inheritance tax but we need to make sure advice is given on income and capital gains tax rates, as well as 10 year anniversary charges. This talk will cover

  • Types of trust
  • S144 Inheritance Tax Act
  • Tax rates of trusts
  • How to calculate 10 year charges on a discretionary trust
  • Common problems

Helen Forster, Solicitor, Director, HTF Legal Limited

DIGITAL LASTING POWERS OF ATTORNEY

This talk will look at the introduction of digital LPAs and include:

  • Differences between 2015 prescribed form and digital LPAs
  • The anticipated process for creation and registration
  • The role of the certificate provider- in the light of TA v the Public Guardian
  • Adding value to the process

Caroline Bielanska, Solicitor, TEP, Independent Consultant, Mediator, Author and Trainer

STATUTORY WILLS

Most practitioners do not often have to make statutory will applications. Getting it wrong is serious as the process is not usually swift even when you get everything right. This talk will look at:

  • Information required
  • The role of the OSS
  • Approach of the Court of Protection
  • Common errors

Professor Lesley King, Professional Development Consultant, University of Law

THE SELF DEALING RULE FOR ATTORNEYS AND DEPUTIES: THE CONSEQUENCE AND AVOIDING IT

This is a common law rule which prevents attorneys and deputies from self benefit and putting themselves in a position of conflict. The talk will cover a wide range of situations including:

  • Selling or buying a property to a family member
  • Severing a joint tenancy
  • Charging for services
  • Making gifts, maintenance and making family care payments
  • Professional appointments and referring work to in house teams
  • Applying for authority from the Court- when and how

Caroline Bielanska, Solicitor, TEP, Independent Consultant, Mediator, Author and Trainer

5.00 pm CLOSE OF PROCEEDINGS

£139.00 + VAT

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£139 plus VAT

Lunch: £157 plus VAT

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SKU: GatesheadW&P24 Categories: , ,