This subject develops students’ understanding of estate planning as an integral component of ethical holistic personal financial advice. It examines the role of the clients’ professional advisers and legal representatives in the establishment, management and administration of the clients’ estate and non-estate assets and business and legal structures. The impacts of death, incapacity, dependency, relationship breakdown, insolvency and taxation on clients’ estate planning objectives will be explored. Students will develop strategies and solutions to address clients’ personal and business estate planning risks and meet their estate planning objectives. For more information, please refer to the subject outline. For Study Period 2 2023 onwards, please refer to this subject outline.
Learning outcomes Subject content CPD Duration Assessment Prerequisites Assumed knowledge Course transition subject equivalence Reading list Learning outcomes On successful completion of this subject, individuals should be able to: Discuss the financial adviser’s role when providing ethical and effective estate planning advice Demonstrate knowledge of the requirements and consequences associated with estate planning objectives Evaluate the impact of significant events on personal, financial and business estate planning objectives Formulate strategies to manage the risks associated with a clients’ personal and business succession planning 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 From Study Period 2 2023 onwards: TopicTitle Topic 1Advising clients on estate and succession planning Topic 2Estate creation and management Topic 3Planning for incapacity and dependency Topic 4Structuring and taxation of assets and philanthropy Topic 5Estate planning for superannuation Topic 6Family law and insolvency impacts and strategies Topic 7Business succession strategies and planning Topic 8Implementation and administration of estate plans CPD Kaplan Professional has assessed this subject. Click here for the following CPD hours applicable from 1 January 2019 on successful completion of this course. For subjects or courses completed prior to this date, please contact Kaplan Professional’s CPD Support team on 1300 527 526 or pdmail@kaplan.edu.au. Duration The duration of this subject is one study period (12 weeks). Assessment Assessment TypeAssessedWeighting ExaminationWeek 650% AssignmentWeek 1250% For Study Period 2 2023 onwards: Assessment TypeAssessedTopicsWeighting QuizWeek 41-310% AssignmentWeek 72-535% QuizWeek 96-715% AssignmentWeek 121-840% Click here for an assessment timetable. Prerequisites There are no prerequisites for this subject. However, individuals should review the ‘Assumed Knowledge’ tab to understand the prior knowledge Kaplan advises they should hold before enrolling in this subject. Assumed knowledge Whilst there are no prerequisites for this subject, Kaplan assumes that individuals have completed FPC003 Superannuation and Retirement Advice and FPC004 Insurance Advice, or understand the content covered in those subjects, prior to undertaking FPC005 Estate and Succession Planning. Course transition subject equivalence Individuals may not be required to complete this subject if they have transitioned from a SIA/Finsia/Kaplan course and have completed the following subjects: there are no equivalences for this subject. Reading list There is no prescribed text for this subject. Individuals are provided with key readings and access to Kaplan’s online databases. Individuals 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 develops students’ understanding of estate planning as an integral component of ethical holistic personal financial advice. It examines the role of the clients’ professional advisers and legal representatives in the establishment, management and administration of the clients’ estate and non-estate assets and business and legal structures. The impacts of death, incapacity, dependency, relationship breakdown, insolvency and taxation on clients’ estate planning objectives will be explored. Students will develop strategies and solutions to address clients’ personal and business estate planning risks and meet their estate planning objectives. For more information, please refer to the subject outline. For Study Period 2 2023 onwards, please refer to this subject outline.
Learning outcomes Subject content CPD Duration Assessment Prerequisites Assumed knowledge Course transition subject equivalence Reading list Learning outcomes On successful completion of this subject, individuals should be able to: Discuss the financial adviser’s role when providing ethical and effective estate planning advice Demonstrate knowledge of the requirements and consequences associated with estate planning objectives Evaluate the impact of significant events on personal, financial and business estate planning objectives Formulate strategies to manage the risks associated with a clients’ personal and business succession planning 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 From Study Period 2 2023 onwards: TopicTitle Topic 1Advising clients on estate and succession planning Topic 2Estate creation and management Topic 3Planning for incapacity and dependency Topic 4Structuring and taxation of assets and philanthropy Topic 5Estate planning for superannuation Topic 6Family law and insolvency impacts and strategies Topic 7Business succession strategies and planning Topic 8Implementation and administration of estate plans CPD Kaplan Professional has assessed this subject. Click here for the following CPD hours applicable from 1 January 2019 on successful completion of this course. For subjects or courses completed prior to this date, please contact Kaplan Professional’s CPD Support team on 1300 527 526 or pdmail@kaplan.edu.au. Duration The duration of this subject is one study period (12 weeks). Assessment Assessment TypeAssessedWeighting ExaminationWeek 650% AssignmentWeek 1250% For Study Period 2 2023 onwards: Assessment TypeAssessedTopicsWeighting QuizWeek 41-310% AssignmentWeek 72-535% QuizWeek 96-715% AssignmentWeek 121-840% Click here for an assessment timetable. Prerequisites There are no prerequisites for this subject. However, individuals should review the ‘Assumed Knowledge’ tab to understand the prior knowledge Kaplan advises they should hold before enrolling in this subject. Assumed knowledge Whilst there are no prerequisites for this subject, Kaplan assumes that individuals have completed FPC003 Superannuation and Retirement Advice and FPC004 Insurance Advice, or understand the content covered in those subjects, prior to undertaking FPC005 Estate and Succession Planning. Course transition subject equivalence Individuals may not be required to complete this subject if they have transitioned from a SIA/Finsia/Kaplan course and have completed the following subjects: there are no equivalences for this subject. Reading list There is no prescribed text for this subject. Individuals are provided with key readings and access to Kaplan’s online databases. Individuals 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 >
