PRACTICAL TRUST PLANNING – MODULE 1 (PTP1) CLASSROOM TRAINING TGS-2022602282
Introduction
Highlights
Course outline
Instructors
This course provides financial planners with a foundational understanding of Trust planning needs for families.
What will you learn?
Understand the Trust planning needs of families
Use a fact find process and script to meet the Trust planning needs of clients
Grasp the fundamentals of some of the most commonly used Trust structures - Will Trusts, Insurance Trusts and Standby Living Trusts
Course Description
In this foundations course, we learn that most families in Singapore need a Trust and not just a Will. The Will Trust is the most basic type of Trust that is suitable for many families even if they are not wealthy.
The Insurance Trust is useful for HNW, SME owners and foreigners who are keen to have a standalone plan for very specific purposes. Also discussed is the Standby Living Trust which allows for an individual to develop a comprehensive, flexible and confidential plan for his family.
We introduce a fact-finding process along with a script to show financial planners how they can have a conversation with their clients.
Attendees will gain practical knowledge from actual case studies to guide their clients in their Trust 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.
- Learn the 3 structures used by the majority of Singapore families – the Testamentary Trust, Insurance Trust and Standby Living Trust.
- Use a simple Fact-Finding process to quickly and effectively understand client needs.
- Trainer uses Case Studies from his experiences and actual client situations where life insurance forms the foundation of each estate plan.
Course Content
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THE BASIC
Trainers
