Estate Planning and Capstone Project
Build your skills in estate planning. Cover wills, executors, estate administration, trusts, gifting, succession planning and more. Put your newfound skills to the test by creating your own statement of advice.
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On successful completion of this subject, students should be able to:
- understand the importance of effective estate planning
- understand and apply the legal process for dispersing an estate following death
- develop estate plans for various circumstances and contingencies
- construct a comprehensive statement of advice (SOA) including, as appropriate, content material from previous units in the course
- The need for estate planning
- Estate composition
- Executors and estate administration
- Trusts and trustees
- Estate taxes
- Divorce and separation
- Succession planning
- Estate planning strategies
- Composition of the SOA
- The legal framework surrounding the SOA and advice provision
- Preparation of the SOA
- Presentation of the SOA
- Reviewing the SOA
You must have successfully completed the following subject(s) before starting this subject:andand
No additional requirements
This subject is the foundation for the understanding of key areas of estate planning and dealing with intergenerational wealth transfer. You need to understand the concepts of estate planning, wills, executors and estate administration, trusts and trustees, gifting, estate taxes and succession planning. You will develop skills in managing the different aspects of estate planning. You will be to apply techniques to generate a comprehensive statement of advice. This subject provides you with necessary knowledge and skills needed to get work ready for a career in the financial planning industry.
Assessments are used primarily to foster learning. ACU adopts a constructivist approach to learning which seeks alignment between the fundamental purpose of each unit, the learning outcomes, teaching and learning strategy, assessment, and the learning environment. In order to pass this unit, you are required to achieve an overall score of at least 50%. Using constructive alignment, the assessment tasks are designed for you to demonstrate your achievement of each learning outcome.
- Essay (20%)
- Report (30%)
- Assignment (50%)
Current study term: 25 Jul 21 to 31 Oct 21
Check the learning management system (LMS) of your university for textbook details.