Howwow Online: Estate planning processes and procedures

Jun
12:00pm
Howwow Online: Estate planning processes and procedures

By Paraplanners' Assembly
What all Paraplanners should know about estate planning
In this Howwow special, we've asked John Bunker, consultant with Irwin Mitchell, freelance legal and tax trainer and in the process of writing  the The Law Society's Inheritance Tax Planning Handbook, to take us through some estate planning basics, focussing on the processes and procedures to be aware of.   Part of the Howwow will focus on special measures taken during COVID-19.
We'll be discussing:
1.     Changes to the probate application process
Major changes to the way applications are made for a grant of probate and  the aims of HM Courts & Tribunals Service (HMCTS);
Limits to applying online
How much information is needed and recent changes
Where applications are processed and the new Probate Registry.
2. Estates and trusts: variations within 2 years of death
Basics on using sections 142 (estates) and 144 (trusts), Inheritance Tax Act (IHTA) 1984.
An introduction to IHT and CGT
Potential use of variations for securing spouse exemptions and BPR/APR
RNRB and planning through variations
3.  IHT process changes for the Covid-19 crisis
IHT accounts: new procedures to adapt to the situation
Payments (and repayments) of IHT electronically
Help in paying IHT during the crisis
This is a live Q&A, so if you have a question that you want to ask our panel on, pop it in the question section after you've registered.
Meet the Howwow panel
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John Bunker- a freelance lecturer and Consultant Solicitor/Chartered Tax Adviser, Tax Trusts and Estates, at Irwin Mitchell. Chair of CIOT’s Private Client (UK) Taxes Committee, with over 25 years of experience specialising in wills, trusts, estate and tax planning, 23 years as a partner. He is temporarily representing STEP on HMCTS Probate Users Group.
John has developed external training work, in a freelance capacity, where he seeks to illuminate technical details with practical insight, to training for MBL, CLT, individual firms, local law societies, branches of STEP, CIOT, SFE and other professional groups.
Richard Allum - Founder of The Paraplanners (and manages to run a few paraplanner events, Powwows and Howwows, or something like that).
Our panel will join us on Thursday 11th June, at 1.00pm for this hour-long online chat.
Want to ask a question on the topic already? Go on, once you've registered, pop your question under the Q&A section - don't wait for the Howwow,  or email us here, or ask in real-time on the day.
Join us by pressing the 'save my spot' button.
When is it?
This Howwow online is on Thursday 11th June, 1.00-2.00pm. Can't make it? Then watch the replay, available just after the Howwow finishes.
Just click the 'save my spot' button.
See you there!
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Continue the chat
If you enjoyed that Howwow, then head over Big Tent and say hello. There's a whole bunch of paraplanners hanging out there.
Never miss a Howwow by...
Signing up for the Powwow Post or by following us on Twitter for news on any upcoming ones.
For a full list of past events, just click here.
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Got a question? Try these answers on for size
How does this Howwow Online thing work?
Save your spot by clicking the button on the top right. It's free, the only thing you have to do is register an account.
On the day of the Howwow just sign back in here. But, we'll also send a reminder email ten minutes before it starts.
On the tech side of things. Viewing the Howwow on browsers such as Chrome or Firefox work best. Headphones are a good idea if you share an office, plus the ability to type so that you can ask questions via the chat feature.
What if I can't make it to the Howwow?
Just sign-in and view a recording of the session whenever it suits you.
Can I ask questions?
Yes! As many as you can throw at our panel. Plus, if you can't make the Howwow,  book a spot and add a question beforehand, the panel will then answer it during the event.
Can I suggest a Howwow topic or be on the panel?
Absolutely, the more the merrier. Drop us an email.
Are there more Online Howwows?
You bet your bottom dollar there are, and on lots of useful topics for paraplanners. Watch past and/or register for any upcoming events here.
There isn't an upcoming Howwow listed, when will the next one be?
Sorry about that. We're just confirming the topics and putting together an A-Team panel for it. We do aim for every last Wednesday of the month, at lunchtime (1-2pm for most normal folk), so you can join in while eating your sandwich.
Sometimes we'll throw a curve ball and change the date. That's because we want to bring you AMAZING panel members, and they just can't make Wednesdays. It's as simple as that.
Powwows vs Howwows - what's the difference?
Here's the Powwow lingo.  Powwows are informal gatherings designed by paraplanners for paraplanners to exchange views, learn things, fix things and share things.
Got that? But there's more. Where Powwow gatherings are on a number of topics,  Howwows are for those times when we want to focus on ONE topic in particular and, in depth.
Sometimes we meet in person,  and sometimes we just like a good chinwag online.  Enter Howwows Online.
You can find out more about Powwows or see a full list of all events here.
Actually, my question was on something else
Ooh, we like new questions. Just pop it in an email and send it on its merry way to [email protected].
One last question, what do you do with my details when I sign up?
Crikey, another good question! We’ll use your details to keep you posted on Powwow happenings. From time to time, this will include activities that our supporters are participating in that we think you’ll find interesting.  We share information at an aggregate level with our supporters every now and then.

Please see our Privacy Policy here for details of how we will process your personal information.
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Paraplanners' Assembly