About This Course

Take a ride through the process of estate planning: organise, manage and distribute assets, properties and other financial resources through the use of wills, trusts or other devices in event of one’s passing or incapacitation. Creating and understanding documents such as wills, trusts, powers of attorney, and advance directives, and involves financial management, tax planning, and family dynamics.

What You’ll Learn

1. Identify key documents and strategies in estate planning.
2. Understand the importance of tax planning and how to minimize estate taxes.
3. Recognise the role of trusts in estate planning and their benefits.
4. Review case studies for managing incapacitation or dementia
5. Create a comprehensive communication plan for distributing assets and caring for loved ones.

Who should attend (roles)

• entry-level financial professionals: wealth managers, financial advisers, insurance advisers, estate planners, relationship managers
• enthusiastic learners in the field of personal finance and insurance

Learning Outcome

• Describe the essential documents involved in estate planning: wills, trusts, powers of attorney, and advance directives.
• Identify the benefits and limitations of trusts in estate planning
• Recognise how to minimize estate taxes through strategic planning and document creation.
• Develop a personal plan for managing incapacitation or dementia
• Create a communication plan for distributing assets and caring for loved ones,
• Stimulate conversations to have with family members and develop a family meeting agenda