MODERN ESTATE PLANNING – MODULE 1 (MEP1) CLASSROOM TRAINING TGS-2022602254
Introduction
Highlights
Course outline
Instructors
This course provides attendees with a foundational understanding of the estate planning needs of the modern individual who today is wealthier and lives longer than ever before, well-travelled and likely to own his own business at some point in time.
What will you learn?
Understand the estate planning needs of individuals and families in our modern times
Use a fact find to provide holistic advice for clients regarding wills, trusts and estate liquidity
Grasp the fundamentals of the 3 essential documents in any estate plan – the will, trust and LPA Form 1
Course Description
In this foundation course, we look at what estate planning is and introduce a fact-finding process to help families plan for their future generations. The three most essential documents in every estate plan – the will, trust and LPA Form 1 -, will be discussed in detail.
The use of insurance as a tool for funding the estate for various purposes is explored at length. Whether used to enhance an estate, to equalize gifts to children or to provide liquidity on death, insurance is a foundation of every well-conceived estate plan.
For wills, we will examine how different assets and liabilities can be gifted. For trusts, we focus on the 3 structures that meet the needs of most families – will trusts, insurance trusts and standby living trusts.
Attendees will gain practical knowledge from actual case studies to guide their clients in their estate planning as well as enhancing their core financial planning practice. The trainers are not only accomplished estate planning practitioners in the legal, financial and trust industries but are excellent at simplifying and communicating technical content.
- Specify who will receive your assets and who will look after any minor children. A Will helps avoid fights and confusion. Learn about how to deal insurance, properties & other assets.
- Use a Trust to stagger your gifts over time to young children, elderly parents and charities. Learn a basic and affordable trust structure that any family can have – including your own.
- As we live longer, there is a higher chance we could lose mental capacity. An LPA lets you specify who should look after you and how.
Course Content
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Introduction
Wills Planning
Wills
4 Topics
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Lesson Content
0% Complete
0/4 Steps
Trusts
Trusts
3 Topics
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