Overview
Setting up trusts and overseeing the administration of deceased estates are essential services which accountants are capable of offering their clients.
Using trusts protects clients' assets from creditor claims and is essential for business, financial and estate planning. By creating trusts to safeguard clients' assets, the accountant creates a loyal client base for his/her practice.
The purpose of this event is to demonstrate how accountants should plan, create, manage, and oversee trusts and estates for their clients, and charge a fee for this service.
Join Jako Liebenberg CA(SA) on 27 September 2021 from 9:00 a.m. to 1:00 p.m. as he takes you through the trusts and deceased estates landscape, and discusses how you can start a trusts and estates practice as an additional income source.
Learning objectives
By the end of this webinar the attendee should:
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Understand latest critical legislative, case law, and developments regarding trusts.
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Understand how to correctly create and administer a trust.
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Understand the tax implications of using a trust.
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Understand key legislation relevant to the deceased estate administration process; and
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Understand the deceased estate administration process.
Content
The webinar will cover the following topics:
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Introduction to trust law and estate planning.
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The Income Tax Act on trusts.
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How to create a trusts and estates practice.
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Selecting clients who need trusts.
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The 10 common errors and pitfalls in trust deeds and how to correct this.
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Creating, administering, amending, and terminating trusts.
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The role of the trust founder and beneficiaries.
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Income distribution: How to do it right and avoid creditor claims.
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Role of the accountant in the estate administration process.
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How to get appointed as the curator and what your role and responsibilities are.
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How to perform an estate planning process.
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Trustee’s and administrator's personal liability.
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Special trusts and PBOs.
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Davis Tax Committee recommendations.
Obtaining your CPD certificate
This training is compliant with the International Education Standard (IES7) issued by the International Federation of Accountants and recognised for CPD by relevant professional bodies including ACCA, CIMA, IAC, IIA, SAIBA, SAICA and SAIPA.
All attendees are issued with a CPD certificate available in an online profile.
About the presenter
Jako Liebenberg CA(SA)
Jako became a Chartered Accountant and Registered Public Auditor in 2001. His entire career has been in public practice except for a stint as CFO in the Free State Provincial Government from 2010 to 2012.
Jako consults for clients across South Africa on Accounting Standards and Compliance, Broad Based Black Economic Empowerment, Tax and Business Development. He serves as an assessor in the Free State High Court of Appeals as representative in Public Practice. Jako is also a registered SAICA assessor for Trainees.
Who should attend?
The following persons will benefit from attending this webinar:
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Professional Accountants including: RA(SA), CA(SA), PA(SA) and BAP(SA);
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Accounting officers and bookkeepers;
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Tax practitioners;
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Attorneys; and
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Accounting department staff.
Price
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R 575.00 - Online admission - Individual.
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R 950.00 - Online admission - Company.
Steps to register for the event:
If you already have a profile, login and register for the webinar.
If you don’t have a profile, create a free profile then login and register for the webinar.
Click here to create a free profile (There is no charge to create a profile and gain access to our free Monthly Practice Management Series).
Click here to find out about the Technical Resource Centre & CPD Subscription options.
Additional material
By attending this webinar you will be provided with:
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A summarised slide presentation.
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Reference documents and/or course material where available.
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You can ask questions during the webinar and you will also have access to the presenter after the webinar.