Administration of estates: Step-by-step guide
Course Overview
The administration of a deceased estate can be a complex and challenging time for the loved one's family and friends.
To guide them through this period, you can provide peace of mind by taking care of two important processes:
- The orderly payment of the liabilities of the deceased person (including tax liabilities) from the estate assets.
- The distribution of the remaining assets to the beneficiaries according to the terms of the will. (Or, if there is no will, according to the statutory order applicable upon intestacy.)
This course will equip you with guidelines to follow when instructed to administer a deceased estate. You’ll know which processes to follow when the deceased person dies leaving a valid will (testate) or without leaving a valid will (intestate).
At the end of this course, you’ll know how to:
- Order each step in the administration of estate process
- Summarise the role and responsibilities of a personal representative
- Collate the required documents to complete the administration of estate process
Course Structure
- Getting started – knowing the basics
- Advising the client
- Administration of the estate
- Administration of assets
- Distribution to beneficiaries
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FAQs
The course contains content that falls within the mandatory CPD category of:
- Professional skills
With our online on-demand interactive courses, you can learn when and where it suits you. We’ve designed each course to provide both education and enjoyment.
Each course offers a mix of engaging exercises, where you’ll gain access to:
- Interactive activities to challenge your understanding and put your knowledge to the test. You’ll also enjoy engaging exercises, such as flip cards, quizzes and drafting activities.
- Clearly identified outcomes so you know precisely what you’ll learn – and the skills you’ll gain. You’ll also be able to track your development and focus on key improvement areas.
- Extended course access so you can reference the material as you need – or revisit it should life get in the way.
- Feedback and template answers so you can refine your skills, grow your knowledge and gain fresh insights.
Access each module on the College’s learning portal. When you buy a single, you’ll have 24/7 unlimited access for 12-months from the date of purchase.
Does this educational activity extend your knowledge and skills in areas that are relevant to your practice needs or professional development?
If so, and you’re not a WA practitioner, you should claim 1 unit for each hour of participation, not including breaks.
Please check your local CPD rules for any caps on activity types, such as the private study of non-interactive audio/visual materials. You are responsible for keeping your own CPD records and complying with your local CPD rules.
No. Western Australian practitioners who complete our on-demand courses are currently unable to claim CPD points.
However, you may earn CPD points by attending select live CPD events or by completing select CPD Interactive modules.