LA0704 - PROBATE AND ADMINISTRATION OF ESTATES LPC FULL TIME

APPLY NOW Book an Open Day Add to My Courses Register your interest / Course PDF

SYNOPSIS OF MODULE

INDICATIVE READING LIST OR OTHER LEARNING RESOURCES

Students are provided with a full set of lecture materials.

Wills, Administration and Taxation Barlow King and King
Wills Probate and Administration Service Butterworths

OUTLINE SYLLABUS

1. Wills
(a) formal validity of wills and codicils
(b) identification of property which can pass by will
(c) capacity of testator
(d) execution of wills
(e) revocation of wills, alteration and rectification.

2. Intestacy Rules
The distribution of an estate following a total intestacy and partial intestacy.

3. Grants of Representation
(a) the necessity for a grant and its effect
(b) the main types of grant-probate, letters of administration and letters of administration with the will
(c) role of the personal representatives.

4. Application for a Grant of Representation.
(a) main types of oath- for executors, administrators and administrators with the will
(b) procedure to obtain grant, swearing of oath and documentation required
(c) need for additional evidence to satisfy Probate Court.

5. Valuation of an estate
(a) ascertainment of value of assets
(b) Inland Revenue requirements- Return of Estate Information (IHT 205) or Inland Revenue Account (IHT 200)
(c) Principles of inheritance tax and calculation of tax, including payment by instalments
(d) corrective accounts.

6. Post-Grant practice
(a) Trustee Act section 27 advertisements
(b) collection and realisation of assets
(c) payment of debts
(d) distribution of the estate, including payment of pecuniary legacies, ascertaining the residuary estate, trust arrangements for minors and assents of land
(e) preparation of estate accounts.



7. Claims against an estate
(a) Potential claims under the Inheritance Family and Dependants Act 1975
(b) Post mortem variation of estates.

AIMS OF MODULE

The aim of this course is to provide students with:

(a) an understanding of the validity of wills.
(b) an appreciation of the rules of intestacy.
(c) a general overview of the practice and procedure of obtaining grants of representation.
(d) an awareness of the requirements of the Inland Revenue.
(e) a general overview of the practice and procedure involved in the administration of an estate.
(f) an indication of the potential claims against an estate and methods of post death variation.

LEARNING OUTCOMES

to achieve a general overview of the practice and procedure in this reserved area of practice.
to develop an awareness of succession issues.
to draft an effective simple will.
to draft a basic oath for executors.
to complete Inland Revenue IHT forms.

PREREQUISITES

NONE

DISTANCE LEARNING DELIVERY

N/A

ASSESSMENT STRATEGY

Course info

Credits 1

Level of Study Postgraduate

Mode of Study 1 year full-time
1 other options available

Department Northumbria Law School

Location Law and NBS Building, City Campus East

City Newcastle

Start September 2019

Current, Relevant and Inspiring

We continuously review and improve course content in consultation with our students and employers. To make sure we can inform you of any changes to your course register for updates on the course page.

Your Learning Experience find out about our distinctive approach at 
www.northumbria.ac.uk/exp

Admissions Terms and Conditions - northumbria.ac.uk/terms
Fees and Funding - northumbria.ac.uk/fees
Admissions Policy - northumbria.ac.uk/adpolicy
Admissions Complaints Policy - northumbria.ac.uk/complaints