LAW2022 Online: Wills and Probate (Spring)

Enjoy your event for £74!

In partnership with our lead sponsor LEAP, the practice management software provider, we are able to offer you a discounted event booking fee of only £74! That’s a saving of £75+vat off the standard rate of £149+vat for the event!

Interested?

Simply book this event and then confirm that you would like to participate in a demonstration of LEAP to discover the benefits of their software. Having completed your demonstration, you will then be reimbursed for £75+vat.

Demonstration bookings can be made via our LEAP offer request form which can be found here. Simply complete the form and we will be in touch. To be eligible for this offer, you will need to be an IT decision maker or partner in a legal practice and not already a LEAP customer.

So, what is LEAP?

LEAP is a cloud-based practice management system developed for small to medium sized law firms. The software powerful features allow you to manage your practice and your matters more efficiently and profitably from anywhere, anytime and on any device with ‘real-time’ matter and client information available when out of the office. For more information about LEAP, click here.

This event launches on 6th April and includes:

• High quality 4 x 1 hour pre-recorded videos and audio broadcast (topic titles are listed below)
• Q&A – a recording of the live 1-hour 'Shape the Debate' session with our speakers that is taking place on 28th April 2022. This is your opportunity to hear our experts answering attendee questions on both the pre-recorded content and general day to day Probate issues
• LAW2022 Online: Wills and Probate online exhibition – you can gain an additional hour of CPD via a choice of webinar from our Webinar Learning Library worth £35 +VAT.

TOPICS INCLUDE:

Marketing your Private Client Department
Presented by James Beresford

This is a practical session that will cover:

• Helpful tips and Techniques to increase referrals and profit in your Private Client department
• Internal Marketing
• External Marketing including:
  • Local Marketing strategies
  • Charitable Schemes
  • Professional Relationships
  • Online Marketing
  • Professional memberships
  • Price Transparency
  • Marketing Collateral

Helping your client choose the right trusts for their will
Presented by James Beresford

This is a practical session that will cover:

• What should be considered when advising your clients on trusts in their wills?
• The advantages, potential disadvantages and tax implications of:
  • Discretionary Will Trusts
  • Life Interest Trusts
  • Charitable Trusts
  • 18-25 Trusts and
  • Trusts for bereaved minors

Tax Issues during the Administration of an estate
Presented by Professor Lesley King

After obtaining a grant and paying any IHT due, you will normally find that tax issues arise during the administration of estates. It is important to be able to recognise them and deal with them appropriately.

This session looks at

• IHT issues
  • Loss on sale relief
  • Obtaining the reduced rate of IHT
  • When not to elect for reading back on post-death variations
  • Sale of assets on which instalment option has been claimed

• Income Tax
  • General rules for PRs
  • Special rules for ISAs and interest

• CGT
  • General rules
  • When appropriations can save tax
  • When not to elect for reading back on post-death variations

The Right Tools for the Job
Presented by Professor Lesley King

When dealing with estates and trusts it is easy to get confused as to which tool it is appropriate to use and how to exercise each one appropriately.

This session looks at:

• The tools available:
  • Post-death variations
  • Disclaimers
  • Appointments of income and capital under the terms of a trust with and without reading back under IHTA 1984, s 144
  • Applications of capital for advancement or benefit of beneficiaries under Trustee Act 1925, s32
  • Appropriation of assets to create sub-funds within a trust

• How to choose appropriately
• The formalities required