Inheritance TaxJul 20 2021

How to manage estates more effectively

  • Explain how will writing be made more accessible to consumers
  • Explain the importance of trusts
  • Identify benefits of wills for families
  • Explain how will writing be made more accessible to consumers
  • Explain the importance of trusts
  • Identify benefits of wills for families
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CPD
Approx.30min
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CPD
Approx.30min
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CPD
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How to manage estates more effectively
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CPD
Approx.30min
Please answer the six multiple choice questions below in order to bank your CPD. Multiple attempts are available until all questions are correctly answered.
  1. Why are many people inclined to postpone writing a will?
  2. True or false, intestacy rules mean that an individual’s assets are divided among their immediate family, with almost no exceptions.
  3. True or false, people who are married with children will have £120,000 worth of assets go to their spouse, in addition to the half of any remainder – the other half of the remainder will be shared between their children.
  4. How does a will help to avoid the complications that arise under intestacy rules?
  5. According to Andrew Megson, what is one of the ways advisers can help promote the benefits of having a will?
  6. Why are trusts another useful tool for individuals to create a more tax-effective will?
  7. To bank your CPD you must sign in or Register.
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