The important thing to remember when gathering evidence is that the more evidence the better - that is, the more evidence you gather to demonstrate your skills, the more confident an assessor can be that you have learned the skills not just at one point in time, but are continuing to apply and develop those skills (as opposed to just learning for the test!). Furthermore, one piece of evidence that you collect will not usualy demonstrate all the required criteria for a unit of competency, whereas multiple overlapping pieces of evidence will usually do the trick!
From the Wiki University
What evidence can you provide to prove your understanding of each of the following citeria?
Apply for probate
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1.1 On being notified of client's death review client file, including will, to establish parameters and instructions previously given Completed |
Evidence:
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Obtain identification of formal administration of estate, where required Completed |
Evidence:
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Confirm existence and value of assets specifically dealt with in will Completed |
Evidence:
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Confirm existence of beneficiaries specifically dealt with in will Completed |
Evidence:
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Prepare and publish notice of intention to apply for probate, if required Completed |
Evidence:
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Prepare and complete all relevant probate documents Completed |
Evidence:
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Confirm assets, liabilities and beneficiaries
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Seek creditors through statutory advertising notices and prepare accurate statements of assets and liabilities Completed |
Evidence:
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Locate all beneficiaries and establish their identity Completed |
Evidence:
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Collect and deposit liquid assets into appropriate funds with cash receipted, when necessary, according to organisational requirements Completed |
Evidence:
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Pay all creditors and administration costs Completed |
Evidence:
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Prepare and approve a schedule of beneficiaries and their entitlements Completed |
Evidence:
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Distribute and finalise estate
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Make arrangements for final tax return to be prepared and lodged with Australian Taxation Office (ATO), if required Completed |
Evidence:
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Calculate and charge corpus commission and determine final fees and charges Completed |
Evidence:
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Prepare and send all final distribution cheques and final statements to beneficiaries Completed |
Evidence:
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Initiate estate administration process
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Open an estate file in accordance with organisational requirements and confirm there are no existing complex matters Completed |
Evidence:
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Advise relevant parties on the role of executor and the estate administration process including the types of administration Completed |
Evidence:
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1.3 Confirm existence of estate's assets and beneficiaries Completed |
Evidence:
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Prepare and lodge application to prove the will and obtain administration Completed |
Evidence:
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Record authority, on receipt, to commence administration Completed |
Evidence:
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Identify estate assets, liabilities and beneficiaries
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Obtain valuation of estate assets and liabilities Completed |
Evidence:
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Prepare statements of assets and liabilities on organisational record keeping system Completed |
Evidence:
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Prepare a tax return to date of death seeking assistance from specialists as necessary Completed |
Evidence:
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Locate all beneficiaries and establish their identity Completed |
Evidence:
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Collect and deposit liquid assets into estate account with cash receipted, when necessary, according to organisational and legislative requirements Completed |
Evidence:
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Prepare and submit a schedule of beneficiaries and their entitlements to appropriate persons in the organisation for approval Completed |
Evidence:
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