Virtual Essentials – two-day online training FULLY BOOKED
This training course is now fully booked. We are running our two-day Essentials course again in November – click here to find out more and book your place.
ILM is offering the ever-popular Essentials 1 training course in virtual form over two days.
With ten modules spread over two days from 9.30am-5pm, our Virtual Essentials is vital training for those new to legacies or anyone who needs to update and refresh their skills. Sessions will be run by experts from the legacy sector, and will feature regular breaks in-between sessions to enable delegates to have a less-pressurised learning experience.
The course will be hosted live via video link. After each session you will be able to submit questions that will be answered at the beginning of the following session. The sessions will be recorded so that if you miss one, you can watch it later, or you can arrange to attend a future session by prior agreement.
For a limited time only, ILM members can book our online essentials training for the discounted price of £320 (normal price £355). The non-member price is currently discounted to £400.
If you had previously booked onto one of our Essentials courses which was cancelled due to COVID-19, and you had paid for your booking, you can now book onto the virtual course below and the difference in price will be refunded.
Virtual Essentials is also available as a five-day course – click here for more details.
The course will cover the following topics (you can also view and download the full agenda here):
|Day 1||SESSION 1 – 9.30-10.30
Charitable Legacy Giving and the Work of a Legacy Officer
This session will teach a broad understanding of the role of legacies in funding the charitable sector, the likely future of legacy income, and the role a legacy officer plays within their charity.SESSION 2 – 11am-12pm
The Different Types of Bequest
This session will teach the different kinds of bequests a charity can receive, how to recognise them, and their key features.SESSION 3 – 1pm-2pm
The Requirements for a Valid Will
This session will teach the requirements for making a valid will, and what can cause a will to be invalid.SESSION 4 – 2.30pm-3.30pm
Reading a Will
This session will look at and analyse a number of wills, so that students can apply the information they have learnt so far in practice.
SESSION 5 – 4pm-5pm
|Day 2||SESSION 1 – 9.30am-10.30am
Claims against an estate
This session will teach the different types of claims that can be made against an estate, and gives some basic guidance about instructing solicitors to deal with them.SESSION 2 – 11am-12pm
Public Relations, Ethics and Ex-Gratia Payments
This session will cover approaches to the challenging ethical issues that can arise when dealing with legacies, including how to balance your charity’s public image with the duty you have to maximise income, and the legal basis for making payments to family members and members of the public.SESSION 3 – 1pm-2pm
Taught by one of ILM’s Corporate Partners, this session will introduce students to the key cases that shaped probate law.SESSION 4 – 2.30-3.30pm
Basic Inheritance Tax (taught by Richard Honey of Charles Russell Speechlys LLP)
This session will teach the basic principles of Inheritance Tax, including charitable exemptions.
SESSION 5 – 4pm-5pm