This subject provides students with a comprehensive overview of issues relating to succession and estate planning. It addresses estate and non-estate assets, complex estates, succession planning for businesses, trusts and other ownership structures. It also explores the tax implications on death of a member or owner of these arrangements. The subject examines role of the financial planner and the necessity to work with referral partners to incorporate estate planning into financial advice to provide effective and comprehensive client solutions. For more information, please refer to the subject outline. Enrol now Email us View subject availability
Learning outcomes Subject content Assessment Prerequisites Course transition subject equivalence Reading list Learning outcomes At the completion of this subject students should be able to: Explain the initial and ongoing financial planning advice you provide to clients regarding estate management issues. Demonstrate knowledge and understanding of how assets are treated upon death, incapacity, divorce or insolvency. Analyse the initial and ongoing estate planning and succession risks faced by clients. Propose a range of strategies and potential solutions to manage clients’ estate risks. Propose a range of strategies and potential solutions related to business succession planning including rural circumstances. Explain the implications of choosing various estate or succession planning strategies to clients. Subject content TopicTitle Topic 1Introduction to estate and succession planning Topic 2Wills Topic 3Attorneys and guardians Topic 4Asset ownership and trusts Topic 5Family law, insolvency and philanthropy Topic 6Dealing with superannuation Topic 7Overview of business succession planning Topic 8Business succession strategies Assessment Assessment TypeAssessedWeighting ExaminationWeek 650% AssignmentWeek 1250% Click here for an assessment timetable. Prerequisites Kaplan recommends that you complete the following Kaplan Online subjects prior to enrolling in this unit: FPC001 Economic, Legal & Ethical Context for Financial Planning FPC002 Applied Financial Planning FPC003 Superannuation and Retirement Advice FPC004 Insurance Advice Course transition subject equivalence Students who transition from a SIA/Finsia/Kaplan course and have completed the following subject within the course completion time frame may not also complete this subject: FIN214 Insurance, Succession and Estate Planning or E153 Risk Management and Estate Planning Reading list Prescribed text Study Period 5 2018 Australian Master Financial Planning Guide 2017/18, 20th edn. CCH Australia Ltd. Retailers of educational books include Co-op Bookshop and Boffins Bookshop. Texts can also be borrowed from the Kaplan Professional library or other libraries. Details of required and further reading are provided in the subject room. Purchase of any text other than a prescribed text is not required. From Study Period 6 2018 onwards There is no prescribed text for this subject. Students will be provided with key readings and access to Kaplan Professional’s online databases. Students are encouraged to research and read widely on the topic.
Learn more about Master of Financial Planning, Graduate Diploma of Financial Planning, Graduate Certificate in Financial Planning >
This subject provides students with a comprehensive overview of issues relating to succession and estate planning. It addresses estate and non-estate assets, complex estates, succession planning for businesses, trusts and other ownership structures. It also explores the tax implications on death of a member or owner of these arrangements. The subject examines role of the financial planner and the necessity to work with referral partners to incorporate estate planning into financial advice to provide effective and comprehensive client solutions. For more information, please refer to the subject outline. Enrol now Email us View subject availability
Learning outcomes Subject content Assessment Prerequisites Course transition subject equivalence Reading list Learning outcomes At the completion of this subject students should be able to: Explain the initial and ongoing financial planning advice you provide to clients regarding estate management issues. Demonstrate knowledge and understanding of how assets are treated upon death, incapacity, divorce or insolvency. Analyse the initial and ongoing estate planning and succession risks faced by clients. Propose a range of strategies and potential solutions to manage clients’ estate risks. Propose a range of strategies and potential solutions related to business succession planning including rural circumstances. Explain the implications of choosing various estate or succession planning strategies to clients. Subject content TopicTitle Topic 1Introduction to estate and succession planning Topic 2Wills Topic 3Attorneys and guardians Topic 4Asset ownership and trusts Topic 5Family law, insolvency and philanthropy Topic 6Dealing with superannuation Topic 7Overview of business succession planning Topic 8Business succession strategies Assessment Assessment TypeAssessedWeighting ExaminationWeek 650% AssignmentWeek 1250% Click here for an assessment timetable. Prerequisites Kaplan recommends that you complete the following Kaplan Online subjects prior to enrolling in this unit: FPC001 Economic, Legal & Ethical Context for Financial Planning FPC002 Applied Financial Planning FPC003 Superannuation and Retirement Advice FPC004 Insurance Advice Course transition subject equivalence Students who transition from a SIA/Finsia/Kaplan course and have completed the following subject within the course completion time frame may not also complete this subject: FIN214 Insurance, Succession and Estate Planning or E153 Risk Management and Estate Planning Reading list Prescribed text Study Period 5 2018 Australian Master Financial Planning Guide 2017/18, 20th edn. CCH Australia Ltd. Retailers of educational books include Co-op Bookshop and Boffins Bookshop. Texts can also be borrowed from the Kaplan Professional library or other libraries. Details of required and further reading are provided in the subject room. Purchase of any text other than a prescribed text is not required. From Study Period 6 2018 onwards There is no prescribed text for this subject. Students will be provided with key readings and access to Kaplan Professional’s online databases. Students are encouraged to research and read widely on the topic.
Learn more about Master of Financial Planning, Graduate Diploma of Financial Planning, Graduate Certificate in Financial Planning >
