Accounting for Trusts & Estates - A Bite-Sized Introduction for Private Client Practitioners

Introduction

Are you struggling preparing the accounts of a trust or a deceased estate?

This new bite-sized webinar will help get you up to speed quickly and effectively.

The webinar will provide you with an understanding of why trustees and personal representatives should keep accounts and will cover the key principles of trust and estate accounting.

You will also be given a practical example showing the double entries and statements involved at every stage.

What You Will Learn

This webinar will cover the following:

• Basic concepts
• Revaluing investments
• Selling assets and dealing with losses and gains
• Paying capital taxes
• Recording returns from investments
• Preparing the distribution statements for those that are entitled to the trust property
• Preparing the final balance sheet (if appropriate)
• Example

This webinar was recorded on 22nd November 2021