Virtual Essentials – two-day online training FULLY BOOKED

Event details

Date: 19th October 2020 - 20th October 2020
Time: 9.30am - 3pm
Venue: Online via Zoom
Who should attend: Everyone involved in legacies, especially those new to legacy administration or management

This event has already happened.

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
haritable 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
The Administration of an Estate
This session will teach the steps that are required from an executor to administer an estate, how long each step should take, and the legal duties of an executor.

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
Key Cases
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
Bringing it all together
Taught by an experienced ILM member, this session will introduce students to the practicalities of working as a legacy officer, including dealing with the public, resolving difficult cases, and dealing with internal stakeholders.