The Liver Building

2021 Private Client Conference


Speaker: Various

Date: Wednesday 20th October, 2021

Time: 09:30 - 15:30

Areas of Law: Wills, Trust, Tax & Probate

Competencies: B


Course Code: S4423


Can’t make the date/time or need to revisit the training? No problem, booking onto this event means you will receive a link to access a recording of the event at your leisure! The link will be sent within approx 72hrs of live broadcast & be available for approx. 3 months, to view as many times as you wish.

Kindly sponsored by Investec and Kin Probate:

Investec – Whatever personal goals and ambitions you have in life, knowing where you stand financially and knowing what this empowers you to achieve, is key to a life well-lived. We are one of the UK’s leading wealth management companies, trusted with managing over £41 billion (as at March 2021) of our clients’ money. We take great pride in our relationship based approach to Financial Planning and Investment Management, and our purpose to make a tangible and meaningful difference to you and your family. With an investment heritage dating back to 1827, we’re built for the long term, and have been entrusted by generations of our clients for nearly 200 years.

With investment your capital is at risk.


Kin Probate are professional probate genealogists that offer a range of services:
(1) Kin: Search – locate a beneficiary/ an administrator/ executor;
(2) Kin: Verify – verify a family tree; &
(3) Probate: Resolution – other services.

We undertake a free initial assessment on every matter and then provide credible fee options.
With local expertise and international coverage we have successfully provided unexpected windfalls to beneficiaries home and abroad.

Log in

Welcome & introduction ~ Louise Scholes, Brabners LLP

Private Client Update ~ Professor Lesley King

This session will provide a review of current issues in Private Client Practice with a focus on good practice and avoiding pitfalls. The exact detail will depend on any developments in the next few months but it is likely to include:

  • The latest on the Trust Register and implications for trustees of family trusts
  • Where are we now on Probate Practice?
  • What we can and cannot do with post-death variations
  • Self-dealing and conflicts of interest for family trustees including the implications of Smith and another v Michelmores Trust Corp Ltd

Why is he talking about Larke v Nugus letters again? ~ Stephen Lawson

• The Law Society Disputed Wills Practice not is one of the most popular practice notes produced by the Law Society – but it is being amended again. Stephen Lawson sits on the Wills and Equity Committee and shares problems, tips and traps for the practitioner.

comfort break

Using Business Relief to mitigate Inheritance Tax liabilities ~Simon Cleaver, Head of AIM, Investec

  • Application to shares traded on the Alternative Investment Market (AIM)
  • The regulatory structure of AIM
  • Reducing volatility through a diversified portfolio of shares

Statutory Wills ~ Ruth Hughes, 5 Stone Buildings

  • Test for capacity in the Court of Protection
  • Holding wills
  • Mediation

comfort break

An Introduction to Advising Clients on Philanthropy ~ Steven Appleton, Brabners

This session will introduce participants to the concept of philanthropy and explore the benefits of engaging with clients on this important topic, both to the clients themselves and to your own practice
• What is philanthropy?
• How does it differ from charity?
• Why should I engage with my clients about philanthropy?

Tax & Trusts Update ~ John Bunker

2021 is a big year for practice changes with the new Trust Register (TRS) rules having a big impact on a wide range of practice including property work. We also await big changes to IHT accounts on estates, to take effect on 1 Jan 2022, with the prospect of big tax changes likely in the Autumn 2021 or Spring 2022 Budgets. Changes in CGT, much anticipated, and IHT might have a big impact on private client practice. We will explore:-

  • TRS and the new rules for registerable express trusts under 5 MLD: what they mean for estates, life policies, pensions and conveyancing – joint ownership and trusts of land; with new guidance in the new TRS Manual and online system due by September 2021, what are our new obligations?
  • TRS for 4 MLD: updating existing trusts and the new annual declaration
  • Tax planning ideas to offer clients to mitigate IHT and CGT, ahead of other anticipated tax changes we might expect within the next year; and opportunities worth taking up while still possible.

Questions, summary & thanks ~ Louise Scholes

Speaker Biographies

Stephen Appleton advises on all aspects of Private Client work including Wills, Trusts, Tax, Powers of Attorney, Court of Protection and Estate Administration. He specialises in advising those with business interests and have a particular interest in advising the owners of family businesses on their succession planning strategy. Steven has a number of clients who want to make a difference through philanthropy (strategic charitable giving) and works with them to develop a strategy for doing so. He is also a trustee of a grant-making charity. He is a co-founder and the co-chair of The Philanthropy Network which aims to empower professionals to have conversations with their clients about the benefits of philanthropy.

John D. Bunker is Co-Editor of new Law Society IHT Planning Handbook, published in December 2020, 1/3 of which John has written. He is a Consultant Solicitor & Chartered Tax Adviser in Tax Trusts & Estates, Irwin Mitchell. John has over 30 years’ experience as a solicitor, 25 as a CTA, specialising in wills, trusts, estate and tax planning. He chairs CIOT’s  Private Client (UK) Taxes Committee, serves on HMRC’s Capital Taxes Liaison Group & the new TRS Sub-group for 5 MLD & represents STEP on HMCTS Probate Users Forum – since April 2020. After 23 years as a partner, he moved in 2012 to a technical & training role for Thomas Eggar, now developed within Irwin Mitchell’s national team.

Simon Cleaver  started his career in banking, and an MBA from Manchester Business School enabled him to enter the world of equity investment with venture and growth capital specialist, 3i plc. This gave him a thorough grounding in investment principles and how businesses function, and he was subsequently able to add experience of quoted markets through a senior analyst role with Charterhouse plc. This was extended through several years as a regional manager for the London Stock Exchange, after which he gained his first experience of managing AIM investments through ten years with YFM Equity Partners, managers of the British Smaller Companies VCTs. He joined the AIM division of Investec in 2014 which has enabled him to bring all of this broad range of experience to bear on generating the best outcomes for clients. He is also a Chartered Fellow of the CISI.

Professor Lesley King is a Professional Development Consultant at the University of Law. She is Co-Author of Wills, Taxation and Administration: A Practical Guide; A Modern Approach to Wills, Administration and Estate Planning (with Precedents); A Practitioner’s Guide to Wills; Wills: A Practical Guide and Editor of The Probate Practitioner’s Handbook. Professor King is the wills and probate Columnist for the Law Society Gazette and writes extensively on wills, taxation and related matters.

Ruth Hughes is described in Chambers & Partners 2014 as “a focused, bright, effective barrister who is tenacious on her feet” and is often instructed by the Official Solicitor in statutory gift and statutory will cases where her experience advising on capital taxation issues, and in drafting wills and trusts, is particularly helpful. She has a busy Traditional Chancery practice accepting instructions for both contentious and non-contentious work. The core of her practice is contentious probate and family provision claims including claims involving mutual wills and proprietary estoppels. She is a member of the Attorney General’s C Panel.

Stephen Lawson is a Contentious Probate Solicitor at Fdr Law.  He is the joint author (with Frost & Jacoby) of the book “Testamentary Capacity” OUP.  Stephen is a current member of the Law Society Wills & Equity Committee – he is a former member of the Law Society Civil Justice Committee, the STEP England & Wales Committee and the STEP Worldwide Council.

Louise Scholes advises high net worth individuals and trusts and deals with a broad range of private client work including Will drafting, Inheritance Tax Planning, administration of estates, Elderly client, Lasting Powers of Attorney and Trust work including acting as a professional Trustee. She has considerable experience in Court of Protection work and acts as a Professional Deputy. Louise qualified in 1993 and is a Senior Associate in our Private Client team. She is a member of the Society of Trust and Estate Practitioners (STEP) and is chair of Liverpool STEP branch.


Member £145
Non-member £175
Training Passport Free
Note: 20% VAT added at checkout