STEP - Diploma

STEP Diploma in Tax and Estate Planning (England and Wales)

STEP Diploma in Tax and Estate Planning (England and Wales)
Credits Awarding Body STEP

This course is a specialist, industry-recognised qualification for those working in the private client field, particularly those who focus on UK tax for international clients. 

The course is designed for those who work in private client with a specialism in offshore trust and private client work involving UK tax, allowing them to study a combination of Advanced Certificates specifically related to their interests, whilst working towards a STEP Diploma and TEP designation.

Please visit the individual course pages, listed in the Format, Delivery and Assessment section, to book your place.

You will able to:

  • Describe the classification and types of trusts, their uses, what affects their validity, their premature cessation and under what circumstances they can and cannot be altered.
  • Advise on the taxation of each trust type.
  • Explain, advise and comment on the use of the trust in modern tax planning.
  • Understand and interpret the legal complexities and language pertinent to trust deeds.
  • Describe the roles, responsibilities, limitations and liabilities of trustees.
  • Advise on the legal formalities involved in the preparation of a valid will and be alert to the pitfalls.
  • Analyse the content and validity of an existing will, assess its value to a client and advise to what extent it will meet their objectives.
  • Advise on the tax-effective will.
  • Advise on the tax implications and legal considerations of making lifetime gifts and gifts made in contemplation of death.
  • Describe the roles, responsibilities, limitations and liabilities of the executor.
  • Advise on the legal management of the client estate, including probate and intestacy issues, evaluation of any risks involved, deeds of variation, disclaimers and insolvency.
  • Advise on taxation issues relating to the transference of private client wealth, specifically inheritance tax and capital gains tax, and how the burden of taxation can be minimised.
  • Construct and interpret trust and client estate accounts.

Students of this course typically include:

  • Legal and trust professionals
  • Support staff and paralegals
  • Accountants and banking professionals
  • Charity specialists
  • Tax advisors
  • Independent financial advisors
  • Executorship administrators
  • Ideal for practitioners looking for professional accreditation in a specialist area.
  • A recognised ‘gold-standard’ professional qualification for those working in the industry, globally recognised by employers, regulators, clients and professionals.
  • Ability to grow your own professional network, meeting students from a range of professions providing an opportunity for networking, building relationships and sharing study tips/support as a cohort.
  • Students have the opportunity to submit academic queries to a dedicated programme content team.
  • Successful completion of the course will award students with 120 Diploma-Level credits towards STEP membership.

This Diploma programme comprises four standalone STEP Advanced Certificate courses that together cover the curriculum of the STEP Diploma in Tax and Estate Planning.

The four papers which comprise this Diploma are:

Each of these Advanced Certificates can be taken as a standalone qualification or as part of the Diploma Programme.

Please note all courses are  delivered fully online. 

There are no formal exemptions available for this course.

Get in touch...

To discuss your options, or speak to a member of the Admissions Team, please get in touch.

Duration

24 Months

Delivery

Online Only

Entry Criteria

60 Entry-Level Credits

Note: Applicants must have obtained 60 STEP Entry-Level credits to enrol onto this course or be a member of STEP. Visit STEP's Qualifications and Membership Framework to understand how to apply.

Assessment

Examination

Related Courses

STEP - Advanced Certificate

Administration of Estates (England and Wales)

This programme provides practitioners with the enhanced knowledge and skills required to deliver holistic advice in England and Wales relating to administering estates.

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STEP - Advanced Certificate

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This course aims to provide practitioners with the technical knowledge and practical skills required to deliver advice in England and Wales relating to administering trusts.

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STEP - Advanced Certificate

Taxation of Trusts and Estates (England and Wales)

This course provides practitioners with technical knowledge and practice skills in trust and estate taxation. It covers income tax, capital gains tax and inheritance tax as they apply to transactions that a trust and estate practitioner is likely to encounter in practice.

Delivery Online Only
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Fee 950.00