Certificate Course on Estate & Succession Planning
The Committee on Commercial Laws, Economic Advisory & NPO Cooperative of the ICAI, in order to promote professionalism and best practices in estate management and succession planning, conducts the Certificate Course on Estate & Succession Planning to make the members competent in this emerging field. This course is conducted at various locations across the country. The course aims at providing:
Eligibility: Members of ICAI
Duration:
  • Physical Mode: 30 Hours across 5 days
  • Online Mode: 30 Hours across 10 days
CPE Credit: 25 Hours (with 75% attendance) + 5 Hours (on clearing evaluation test)
Evaluation Test: 3 hours (100 MCQs, 50% pass, no negative marking; includes case studies/practical questions)
Batch Size:
  • Physical: Minimum 40 participants
  • Online: Maximum 220 participants
Course Fees:
  • Physical: ₹12,500 + GST
  • Online: ₹5,000 + GST
Refund Policy:
  • 90% refund if cancelled before commencement.
  • No refund once started, but option to attend in a later batch.
  • Full refund if ICAI cancels/postpones the course.
Registration: Registration will be on first come-first serve basis.
Certificate on completion of the Course:

A certificate will be awarded to the members on successful completion of the course and passing the examination.
Course Modules:
  • Module I:
    • Introduction to Estate Planning
    • Importance of estate and succession planning
    • Legal role of a Chartered Accountant in estate planning
    • Key laws applicable: Indian Succession Act, Hindu Succession Act, Muslim Personal Law, etc.

Types of succession: testamentary and intestate
  • Module II:
    • Law of Wills
    • Definition and characteristics of a will
    • Who can make a will - eligibility, capacity
    • Essentials of a valid will
    • Registration of wills - is it mandatory?
    • Revocation, alteration, and codicils
    • Probate and administration of wills
    • Common mistakes and how to avoid them
  • Module III:
    • Drafting Wills
    • Structure and key clauses in a will
    • Declaration
    • Appointment of executor
    • Bequests (specific, general, residuary)
    • Guardianship of minors
    • Signatures and witnesses
    • Joint wills and mutual wills
    • Sample drafts and template analysis
    • Digital wills and emerging trends
    • Module IV:
      • Drafting Deeds - Overview and Legal Principle
      • Legal enforceability and types of deed
      • Components of a valid deed:
      • Title
      • Parties involved
      • Recitals
      • Operative clause
      • Schedule
      • Execution
      • Attestation and registration requirements
  • Module V:

Types of Deeds and Drafting Techniques

1. Gift Deed

      • Essentials, tax implications, revocability
      • Sample draft and registration

2. Sale Deed

      • Transfer of immovable property
      • Stamp duty, registration, and documentation

3. Lease and Leave & License Agreements

      • Differences, term, rent, conditions
      • Rights and duties of lessor and lessee

4.Partnership Deed

      • Drafting clauses for capital, profit-sharing, dissolution, etc.

5. Trust Deed

      • Public vs. private trusts
      • Legal structure and tax aspects

6. Power of Attorney

      • General vs. special
      • Revocation and liabilities
  • Module VI:
    • Practical Aspects and Case Studies
    • Drafting workshop: step-by-step drafting of a will and common deeds
    • Role play or simulation of client interaction
    • Real case studies on disputed wills and deeds
    • Checklist and best practices
  • Module VII:
    • Role of CAs and Professional Ethics
    • Advisory vs. attestation roles
    • Confidentiality and due diligence
    • Dealing with family disputes and legal challenges

Risk mitigation and legal safeguards for CAs

 

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