- Intermediate *3 hours CPD
This course provides guidance on basic clauses across a wide range of frequently encountered gifts and goes on to focus on case studies to illustrate the use of tax efficient will clauses.
Topics:
- Revocation and cross-border wills
- Survivorship and Commorientes
- Chattels Clause
- Gifts to Minors with particular reference to post Finance Act 2006
- Gifts for the disabled/beneficiaries in receipt of benefits/nursing home residents
- Nil-rate Band legacy
- Direct legacy
- Discretionary Trust legacy and loan
- Including Business Property and/or Agricultural Property
- Related Settlement issues
- Gifts of exempt property and exempt beneficiaries
- Gifts to charity - charity receipt and funeral/memorial expenses
- Gifts of residue
- Spouse exemption - life interest
- Exempt residue and grossing up
- Mixed exempt and non exempt shares of residue. Division Re: Benham or Re: Ratcliffe