AF1 (Trust Planning) Pre-exam Training - online distance learning event

>> Event Overview

The Personal Finance Society Hants & Dorset and Surrey Regional Committees in association with the Insurance Institutes of Bournemouth, Guildford, Reading and Southampton have organised training days for those members who are studying for and taking the AF1 examination.

Due to the COVID-19 pandemic, the Regional Committees have suspended all Face to Face events for 2021 and this event will be run as an Online Distance Learning event.

This is a two day training event and you are advised to book for both days.

AF1 is a challenging exam and candidates need to be well prepared if they are to have a reasonable chance of passing.

This will be very much a revision day so it’s important that you come with a reasonable knowledge of the main subjects of the syllabus.

>> Day 2 - Trusts - Friday 5th February 2021

By the end of the event delegates will able to:

• Understand how an individual’s status for Residency and Domicile is established and how this affects their liability to UK tax.

• Explain how trusts can be set up together with the roles and responsibilities of trustees.

• Explain the main characteristics of Absolute, Interest in Possession and Discretionary trusts and how income and capital gains is calculated for each.

• Identify what is a Relevant Property Trust and a Non-Relevant Property Trust and explain how this status affects liability to IHT.

• Explain the requirements for a will to be valid and the process to be followed by the executors in distributing the estate.

• Explain the rules of intestacy and Deeds of Variation.

• Explain how a Lasting Power of Attorney can be set up and administered.

• Explain the procedures and implications of being made bankrupt.

Cost: The cost of each days training will be £95 for PFS members and £105 for non-PFS members.

>> More about our speaker

John Trayner FCII FPFS, is a CII approved trainer, who has supported the Personal Finance Society Hants and Dorset Region’s exam revision programme since 2018.

>> To book your place / for more info

Your attendance will be confirmed once you have booked online. There is a maximum of 12 attendees on each day. If we are oversubscribed, you will be placed on a waiting list.

To attend, please book online via the following link:

AF1 Day 2 - 5th February

Any questions please email the Personal Finance Society Hants and Dorset Regional Committee on hantsanddorsetpfs@outlook.com.