Course introduction
This online course will enable you to understand some key advanced advice subject areas relating to trusts and apply your knowledge in order to make well-reasoned client recommendations.

The learning outcomes are appropriate both for someone studying for the CII J02 exam on rusts or for professionals looking to brush up on their knowledge.

Course material The course material consists of: 9 chapters of study notes containing several examples Total estimated learning/CPD time is 27 hours Each chapter includes an audiovisual presentation on a key area similar to the sample. Total viewing time for all presentations is 62 minutes Revision assessments for each chapter to help confirm your understanding.

Presentation from chapter one

We have developed demonstrations for our online courses that show you the content topics and our easy to use course navigation system. If you decide to purchase you will of course see the full version with the full contents all nicely formatted, be able to access the chapter & final assessments and for the diploma courses view the audiovisual presentations.

Case study & final assessments
In addition, on completion of the course, you will have the opportunity to complete:

• A 50 question final revision assessment that uses the section revision questions
• A case study incorporating 20 multiple choice questions
• A final 20 question assessment based on the study material. Your assessment results and answers to any questions answered incorrectly will be emailed to you. If you don’t pass, or just want to take a second test, an additional 20 question assessment can be taken.

Additional information
Access is provided for 6 months and includes syllabus updates. If you purchase 3 products your receive 12 months access plus syllabus updates PLUS you qualify for a large discount.

CPD credit
You will be credited with a minimum of 27 hours of CPD with the time added to your CPD certificate gradually as you complete each assessment. Your CPD hours and results will be added to your CPD certificate which can be viewed and printed from the CPD certificate link on the menu at any time.

J02 Study plan
Sample study plan (PDF format) using our training material

Learning outcomes
1. To understand the structure of a trust and the role of the settlor, trustee and beneficiaries
2. To understand how trusts are created, the rules that govern them and their main uses
3. To understand the rules covering the investment of trust assets and the administration of trusts
4. To understand substituted decision making, the impact of loss of mental capacity and related procedures
5. To understand the consequences of making a will and of dying intestate
6. To understand the rules relating to bankruptcy and the role of the trustee in bankruptcy
7. To understand how trusts are subject to tax and how a liability can fall to the settlor, trustees or beneficiaries
8. To understand how life assurance policies and certain pension benefits can be placed in trust and the tax and other implications
9. To understand the need to review trusts regularly

J02 Full course content
The course is made up of 9 chapters covering the following areas:

1. Introduction to trusts
What is a trust?
Settlor
Trustees
Beneficiaries
Trust types

2. Trust creation, rules and uses
Creating trusts
Rules
Trust uses

3. Investment and administration of trusts
Investment
Conversion and apportionment
Trust variation
Charitable trusts
Scottish law
Overseas trusts

4. Powers of attorney
Ordinary powers of attorney
Enduring powers of attorney
Lasting powers of attorney
Interaction between Enduring and Lasting powers of attorney.
The Court of Protection
Other aspects of the Mental Capacity Act 2005

5. Wills and intestacy
Wills
Laws of intestacy

6. Bankruptcy
Introduction
The bankrupt’s property
The trustee’s role
Investments and pensions
Alternatives to bankruptcy
Tax planning and bankruptcy
Trust policies and bankruptcy

7. Taxation of trusts
Introduction
Income tax
Capital gains tax
Inheritance tax
Overseas trusts
Taxation of deceased person’s estate
Pre-owned assets tax
Summary

8. Life assurance and pensions in trusts
Introduction
Life assurance in trust
Pensions

9. Reviewing trusts
Introduction
Changes in circumstances
Legislation changes
Economic changes

10. Glossary

11. End of course assessments