Course description
As our aging population grows, understanding the nuances of advising and acting for older or vulnerable clients has never been more important.
This full day, in-person course will cover essential topics including care and care fees, capacity assessments, gifting, management of financial affairs and more. Course presenter Parisa Jones will provide practical tips to help you protect your clients and their wishes and navigate the complexities that private client practitioners can face.
The course is suitable for those with a working knowledge of wills, powers of attorney, and estate planning.
Upcoming start dates
Outcome / Qualification etc.
Training Course Content
Introduction
As our aging population grows, understanding the nuances of advising and acting for older or vulnerable clients has never been more important.
This new full day course will cover essential topics with practical tips to protect your clients and their wishes and navigate the complexities that private client practitioners can face.
It is suitable for those with a working knowledge of wills, powers of attorney and estate planning.
What You Will Learn
This course will cover the following:
- Care and care fees:
- Understanding your client’s attitude towards care
- Funding care
- Deliberate deprivation of assets
- Taking instructions:
- Identifying your client
- Understanding your client’s needs
- The importance of attendance notes
- Assessing what could go wrong and mitigating risks
- Agreeing timescales and understanding urgency
- Acting as a certificate provider for LPAs
- Your duty of confidentiality
- Capacity assessments:
- When to consider obtaining a capacity assessment
- Selecting an assessor
- Your letter of instruction
- The different tests for capacity
- Receiving the capacity report
- What to do if a client refuses a capacity assessment
- Estate planning in later life:
- Understanding your client’s goals
- Options for will structures
- Mitigating IHT
- Gifting:
- Who is making the gift?
- Authorising gifts made by attorneys
- Considering whether a gift is the most appropriate option
- The family home:
- Ownership of the family home
- Gifting all/part of the family home
- Equity releases
- Possible CGT issues
- The residence nil rate band
- The death of a spouse:
- Who will administer the estate?
- Deeds of Variation
- Options for Nil Rate Band Discretionary Trusts
- Considering what support your client may need
- Suspecting abuse:
- What to do when abuse is suspected
- Your duty of confidentiality
- Management of financial affairs:
- Acting as a professional attorney or deputy
- Identifying your client
- Acting in your client’s best interests
Expenses
MBL Seminars Limited
With over 1,000 expert speakers covering more than 3,360 different topics, our course portfolio is vast and can be delivered either online or in-person. With over 450 years of collective professional development experience, we are proud to be trusted to...