STEP Advanced Certificate in Trust and Estate Accounting (E&W)

We have committed to delivering all courses that are taking place from July until the end of December 2020 ONLINE, in response to the situation relating to COVID-19 — including workshops, revision classes and assessments. Watch this space to learn how we are supporting our students through the transition to the online environment. Please see advice on our primary education partner, CLT International’s website

A good understanding of accounting principles is important for anyone administering an estate or trust. This course starts with basic principles and then focuses on how they apply to the various tasks that trustees and personal representatives need to carry out.

What does this qualification cover and how is it delivered?

What does this qualification cover?

  • Basic Principles
  • Capital and Income
  • Estate Accounts
  • Trust Accounts
  • Relevant Property Trusts
  • Trusts for Children
  • Trust Administration
  • Valuation
  • Apportionments
  • Abatement
  • Insolvency
  • s41 Administration of Estates Act 1925 and Appropriation of Assets

How is it delivered?

We have committed to delivering all courses that are taking place from July until the end of December 2020 ONLINE, in response to the situation relating to COVID-19 — including workshops, revision classes and assessments. Watch this space to learn how we are supporting our students through the transition to the online environment.

How can this Advanced Certificate be used towards a STEP Diploma?

There are currently four Diploma options available to you when you study this Advanced Certificate:

1. The STEP Diploma in Trust & Estates – England & Wales

This Diploma is awarded on completion of the following four Advanced Certificates:

  • Advanced Certificate in Administration of Estates (E&W)
  • Advanced Certificate in Administration of Trusts (E&W)
  • Advanced Certificate in Taxation of Trusts and Estates (E&W)
  • Advanced Certificate in Trust and Estate Accounting (E&W)

2. STEP Diploma in Advising Vulnerable Clients – England & Wales

This Diploma is awarded on completion of the following three Advanced Certificates:

  • Advanced Certificate in Administration of Estates (E&W)
  • Advanced Certificate in Administration of Trusts (E&W)
  • Advanced Certificate in Advising Vulnerable Clients

3. STEP Diploma in Tax and Estate Planning - England and Wales

This Diploma is awarded on completion of the following four Advanced Certificates:

  • Advanced Certificate in Administration of Estates (E&W)
  • Advanced Certificate in Administration of Trusts (E&W)
  • Advanced Certificate in Taxation of Trusts and Estates (E&W)
  • Advanced Certificate in UK Tax for International Clients

4. STEP Diploma in Will Preparation - England and Wales

This Diploma is awarded on completion of the following four Advanced Certificates:

  • Advanced Certificate in Administration of Estates (E&W)
  • Advanced Certificate in Administration of Trusts (E&W)
  • Advanced Certificate in Taxation of Trusts and Estates (E&W)
  • Advanced Certificate in Will Preparation
What are the benefits to me and my employer?

Completing the programme successfully will validate your competence and enhance your expertise in:

  • Explaining how and why trustees and personal representatives should keep accounts
  • preparing and maintaining accounts
  • describing Capital and Income Accounts and how tax or fees are attributed and charged to them
Entry advice and requirements

Who would find this qualification useful?

This Advanced Certificate and the Diplomas that it is included in, is suitable for a wide range of practitioners. Past graduates have included members of the accountancy, banking, legal and trust professions (at all levels); charity specialists; a wide range of support staff and paralegals; tax advisors; independent financial advisors and executorship administrators

What are the entry requirements?

Admission depends on meeting the Entry Level requirements, outlined in the Qualifications and Membership Framework.

How many STEP membership credits does this course provide?

The Diploma that this Advanced Certificate contributes towards provides 120 Diploma Level Credits (each individual Advanced Certificate that makes up this Diploma provides 30 Diploma Level credits). Find out more about how many credits you need to reach Full STEP membership

Further course details

How long will it take to complete

Advanced Certificates take six months to complete from enrolling to sitting the examination.

How much will it cost?

The course fees for each Advanced Certificate can be found on the CLTI website.

Where is it available?

This course is available in England and Wales only. For full details visit the CLTI website

What are the course dates?

For full course dates visit the CLTI website

How do I apply?

Find out more information on enrolment

Help and advice

If you have any queries and would like to speak to someone you can either call CLTI on +44 (0)121 362 7733 or email pd@step.org

Specialist Diplomas

Successful completion of this course gives you 30 Diploma Level (DL) credits that you can put towards a STEP Diploma. For more information on the different diploma streams, please see the STEP Diplomas page.

CPD Policy

Members are required to maintain and develop their knowledge and skills to ensure a high standard of practice.

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CLT International
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Our training partner CLT International provides a range of courses for those working in the trust and estates industry.

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Join STEP

We offer a range of member categories to suit your professional requirements, qualifications and experience.

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