LAW2020 Online: Wills and Probate

Webinar Details

Available now

Expires after 30 days

Professor Lesley King and John Thurston

CPD Hours: 6

£149.00

Our Leading Experts present LAW2020 Online: Wills and Probate this November which will update you on topics for Solicitors in practice without leaving your desk and at a time to suit you.

This event is live from 18th November - 18th December and includes:

  • High quality 4 x 1 hour pre-recorded videos and audio broadcast (topic titles are listed below)
  • Q&A – a live 1-hour Q&A session with our speakers. “Shape The Debate” is your opportunity to hear our experts answering attendee questions on both the pre-recorded content and general day to day Probate issues
  • LAW2020 Online: Wills and Probate online exhibition will open in November – you can gain additional hours of CPD, including a choice of webinar from our Distance Learning catalogue worth £35 +VAT.

Wills and Probate education sessions include:-

1. Preparing Wills for Elderly Clients by Professor Lesley King

Covid-19 introduced particular problems for those preparing wills but they were really more extreme examples of the difficulties that always exist in relation to taking instructions, assessing capacity, spotting undue influence and making sure that wills are properly executed.

This webinar will look at good practice and will compare and contrast the two recent cases of Coles v Reynolds and Wales v Dixon to see what lessons can be learned.

In particular, it will consider:

  • Taking instructions
  • When medical reports should be considered
  • Precautions when executing
  • Virtual execution

Objectives

After this webinar you will be able to:

  • take appropriate steps to minimise the chances of successful challenge to wills you have
    prepared;
  • advise a client on virtual execution;
  • implement good practice when taking instructions.

2. Drafting and Administering Charitable Legacies by Professor Lesley King

Charities are to some extent ‘professional’ beneficiaries. Legacy officers are often knowledgeable, particularly about matters of direct concern to charities and will notice if you make a mistake. There are particular pitfalls when drafting charitable legacies and when administering estates containing gifts to charities.

This webinar will consider:

  • Initial checks before drafting
  • Drafting pitfalls
  • · The extent of the IHT charity exemption after the Supreme Court decision in Routier v RCC
  • How much passes under a gift of an amount equal to the deceased’s nil rate band?
  • The reduced rate of IHT
  • Calculation of IHT when an estate is partly exempt
  • CGT and charities: how to avoid unnecessary tax
  • Appropriation traps

Objectives

After this webinar you will be able to:

  • make appropriate initial checks
  • draft charitable legacies
  • identify IHT issues
  • take appropriate steps to minimise CGT

3. Post death problems and pitfalls (Part 1) by John Thurston

These two webinars will highlight various aspects of administering an estate which may cause practitioners difficulties. Various aspects will be considered including:

  • Sale of assets.
  • Payment of debts – solvent estates.
  • Payment of debts – insolvent estates.
  • Expenses .
  • Income tax.
  • Death estate - Income tax.
  • Capital gains tax.
  • Protection of the personal representatives.
  • Completion of the administration.
  • Gifts to children.
  • Deceased beneficiaries.
  • Inheritance and Trustee Powers Act 2014.

4. Post death problems and pitfalls (Part 2) by John Thurston

In part 2 of this session we will cover:

  • Receipt and discharge.
  • Bankruptcy search.
  • Transferring the assets.
  • Capital gains tax.
  • Is an increase in value subject to CGT or IHT?
  • Family home and post death planning for CGT.
  • Ademption of specific gifts.
  • Construction of wills.
  • Duties of PRs.
  • Two year discretionary trust.
  • RNRB .
  • Election.
  • Portions.

Testimonials

We have trialled the format at previous online conferences, and we are overwhelmed with the feedback we have received from making our face-to-face events possible online. Comments we have received so far include:

"The whole experience was valuable, and communication has been really first class" - General Advisor

"I wanted to say how much I valued receiving and sharing the Online webinar. I felt it was very helpful and very interesting for you to allow all legal practitioners to participate. Thank you for all the extra information and resources, I look forward to the next." - Solicitor in practice

"The world of law is in constant flux and the speakers update on recent developments will be extremely helpful going forward (as they ever are!)" - Solicitor/Director

"I have never attended a similar event but I definitely would again" - Partner

"A good way to access training at a time to suit you, the online course is as effective as attending in person." - Associate Solicitor