Highlights
Unit Learning Outcome
ULO 1: Recommend estate planning strategies that incorporate the testamentary trust framework and maximizes the tax status of beneficiaries
ULO 2: Evaluate the importance of trusts (including testamentary trusts) and asset protection including its legal framework.
ULO 3: Propose strategies within the superannuation environment and the taxation of death benefits by utilising extensive professional knowledge.
ULO 4: Identify types of business structures and critique the functions of business succession planning and its taxation implications.
Description / Requirements
You are a financial adviser and client of yours, Chester, has mentioned you to his friends Simon and Diane Pool as someone who is able to provide advice on issues involving estate planning. Simon and Diane contact you and organize a meeting. In the first meeting with Simon and Diane you made the following notes on their personal circumstances together with estate planning issues that are of concern to them.
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