Professional Certificate in Estate and Trust Administration


Date: Feb 22, 2023 - Sep 22, 2023

Application fee: R1,950.00

Once-off: R21,950.00

Lecturer: Carmen Westermeyer
BCom (Honours Accounting) [UND] CA(SA)

Dealing with death and assets is always a challenging affair. The administration of deceased estates is a critical compliance function for the orderly winding-up of the financial affairs of the deceased, and the protection of the financial interests of heirs.

Please see full course payment breakdown below.

Dealing with death and assets is always a challenging affair. The administration of deceased estates is a critical compliance function for the orderly winding-up of the financial affairs of the deceased, and the protection of the financial interests of heirs. Considering various instruments and the tax consequences in the estate planning process is crucial in protecting assets for future generations.

This practical online short course will equip you with the knowledge and technical skills to be able to wind up a deceased estate and to advise clients in the estate planning process.

At the end of this course, you will be able to draft the liquidation and distribution account in the process of efficiently winding-up a deceased estate and advise clients about the use of trusts, draft a valid trust deed, and attend to the effective administration of a trust.


Mode of delivery

Online learning with flexible weekly study plans.


Effort and duration

Duration: Seven months.

Weekly effort: Six to eight hours per week.


What you will learn in this course

The course will cover the following modules and topics:

  • Introduction to the estate landscape and procedural aspects.
  • Trust law and practice.
  • Donations tax and estate duty.
  • Estate planning.
  • Deceased estate administration process and drafting the liquidation and distribution account.

This course is for you if:

  • You are a tax consultant, employee of accounting, banking, and legal firms who, inter alia, specialise in the winding-up of estates and estate planning.
  • You are an employee the Master of the High Court.

Admission requirements

  • A minimum of a degree (NQF 7) with a basic understanding of taxable income.
  • A specific Tax Technician Occupational Qualification (NQF 6); or
  • More than 10 years' experience in consulting in taxation (specifically individual taxation, trusts, or the administration of estates).

Outcomes

At the end of this course, you will be able to:

  • Explain the consequences of different types of marital regimes and a married couple's ownership and control of assets in their estate.
  • Determine the normal tax consequences and capital gain consequence of a deceased person and deceased estate.
  • Assess who will be liable for all the outstanding taxes, and where the respective tax liabilities will feature in the liquidation and distribution account.
  • Contemplate the available tools that can be used in the estate planning process, including trusts and companies.

Accreditation

This course is presented as a short learning programme (SLP) by The Tax Faculty (TTF). TTF is accredited as a continuous professional development (CPD) provider by the South African Institute of Taxation (SAIT), a South African Revenue Services Recognised Controlling Body (RCB) under the Tax Administration Act, 2011 (Act No 28 of 2011).

TTF is registered as a skills development partner (SDP) under the Skills Development Act, 1998 (Act No 97 of 1998) by the Quality Council for Trades and Occupations (QCTO).


Assessment, NQF level and award of certificate

Learners are assessed via a number of formative and summative assessments. Successful learners will receive a SLP certificate issued by The Tax Faculty. This SLP certificate is non-credit bearing, however, it is pitched at an NQF 8. Successful learners articulating into the Occupational Certificate: Tax Professional (NQF 8) programme at The Tax Faculty, will obtain credits on specific knowledge modules covered in this programme. In addition, this just-in-time learning programme also qualifies for verifiable CPD.


Student support and online campus

The academic and practical skills component of the qualification is delivered on The Tax Faculty's online iLearnTax Campus.

This will be your virtual campus for the duration of the programme. The course is presented as micro-learning videos, study guides, practice quizzes, discussion forums, practical case studies, assignment briefs and guided presentations on how to master case studies and assignments. Academic lecturers are available on the Q&A portal as they would be in a classroom.

At the beginning of each semester, you'll be presented with the course content plan, a study plan and important assignment dates which are set out at manageable deadlines. This will help you study at your own pace.

In addition, you will be allocated a course consultant who will help you navigate the online campus, support you with your weekly participation and deadlines, and will be able to answer any administrative queries you may have.


Flexible payment options

Payment option 1: Once-off payment

Total: R21 950.00 (incl. VAT).

Payment option 2: Debit order

Application fee (non-refundable): R1 950.00 (incl. VAT).

Seven instalments: R3 285.00 per month (incl. VAT).
Total: R24 945.00.00 (incl. VAT).

*The first debit order will run on the course start date and then on the first of every following month.


Payments and cancellations

  • All required minimum payments must be made by direct EFT or by credit card before the commencement of a course. The once-off payment is required to be paid before the course start date, as well as the application fee of learners on a debit order plan (the first debit order is also required on the start date of the course).
  • Kindly note that should debit order payment terms not be adhered to; legal action will be taken and access to the online learning platform suspended.
  • Proof of payment may also be requested before access to the iLearn platform will be communicated, should your payment not reflect on The Tax Faculty’s bank account.
  • Only written notice of cancellation will be accepted.

Conditions

For all short learning programmes (SLPs) with a seven-month or less rollout period, the following will apply:

  • If the cancellation is requested more than 10 working days prior to the course start date, no cancellation fee will be applicable.
  • If the cancellation occurs less than 10 working days prior to the course start date, a 100% cancellation fee will be applicable.
  • Students who register for a course and fail to attend will be held liable for the full course fee.
  • The course application fee is non-refundable.
  • The Tax Faculty’s liability in the case of a course being cancelled will be limited to a refund of the course fee.
  • Students who have failed to successfully complete the course, and wishing to repeat will be charged the full course fee to repeat.

Why wait?

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