UNIT 5 - Administering the Estate


Unit description


This unit provides learners with the skills and knowledge required to realise the estate’s assets, to explain personal representatives’ powers and duties and to understand how to make payment of the estate’s debts.


In addition, they will gain knowledge in relation to Capital Gains and Income Tax Issues


Summary of learning outcomes


To achieve this unit a learner must:


  1. Explore ways of Realising the Assets of the Estate
  2. Investigate the Personal Representatives
  3. Explore methods of Payment of Debts
  4. Explore the Tax Considerations during the Administration Period

Please click on the following link to see a sample of the materials in PDF format