This practical guide to estate administration has been designed to provide maximum benefit to sole practitioners and small/medium firms.
Topics to be covered include:
- Knowing your client;
- Getting instructions;
- Securing the client;
- Missing beneficiaries;
- Administration of estates in general and the most common issues/problems;
- Issues around wills;
- IHT – forms, valuations, IHT by instalments, who pays transfer, specific request for land;
- Deed of variation;
- Farming APR and BPR;
- Charging clauses;
- Thresholds, payments, timelines;
- Estate accounts, accounting for interest, CGT, loss relief, corrective accounting;
- Common pitfalls and how to avoid them.
The seminar will be delivered by Timothy Rankin, Director, Cleaver Fulton Rankin Solicitors.
Timothy joined the Private Client Department upon qualification having undertaken his training contract at Cleaver Fulton Rankin. Timothy studied at the University of Manchester and the College of Law, Chester and is qualified to practice in both Northern Ireland and England and Wales.
Timothy carries out work in relation to the drafting of wills and the administration of estates as well as matters relating to capacity such as Enduring Powers of Attorney and other applications to the Office of Care and Protection.
In June 2014 Timothy was elected Secretary of the Executive Committee of the European Young Bar Association - a not-for-profit, multi-national young lawyers’ association founded in 1993 to encourage links between young lawyers throughout Europe. In January 2015 he was elected Chair of the Northern Ireland Young Solicitors’ Association.
