Basic Trust & Administration Taxation

Course Content

This course is designed for participants who need a primer one day course on the taxation of trusts and administration of estates. The course requires only minimal knowledge of the field and is an introduction.

The course is based on real case studies and participants will complete all forms from death to final distribution of an estate.

Participants will need some practical experience of taxation in this area but will not need to have any extensive knowledge.

The course will also include some aspects of wills and will trusts but will not cover these in depth.

Participants can expect to leave with a good understanding of the processes of gifts, trusts, death events, administration and final distribution of estates.

Course Content

• Death and the notification process
• IHT forms at death
• Valuing an estate including gifts
• Taxation of gifts on the estate including lifetime discretionary and absolute gifts
• Transitional rules post Finance Act 2006
• Estate taxation
• Abbreviated process of submission
• Final estate distribution and voucher production
• Trusts created in lifetime and on death
• Specialist trusts

Delivering this course in-house for you to a number of participants could be very cost effective. Please call us on 020 7387 4484 to discuss this further.

If you have any questions about this seminar please write to us at post@redcliffetraining.co.uk.