MAA747 - Administration of Trusts and Estates


2021 unit information

Enrolment modes: Trimester 3: Cloud (online)
Credit point(s): 1
EFTSL value: 0.125
Cohort rule:

For students enrolled in M640, M669, M769 and M770



Corequisite: Nil
Incompatible with: Nil
Study commitment

Students will on average spend 150 hours over the teaching period undertaking the teaching, learning and assessment activities for this unit.

Scheduled learning activities - cloud (online)

Online independent and collaborative learning including weekly scheduled online workshops of 3 hours duration.


This unit has been designed for finance service professionals to understand and accurately apply accounting and taxation principles when working in the area of deceased estates and trusts. It will also examine the administrative requirements for estates and trusts. In addition, the unit considers the principles of asset and estate valuation for trustees and personal legal representatives and how theses valuations are used in the accounts. The various statutory and equitable rules that can affect the allocation of funds between capital and income, where the beneficial interests in capital and income are different are considered. At the end of the unit students should be able to prepare and analyse estate and trust accounts, date of death and estate tax returns given real life situations.  The development of this unit has been informed by the Australian educational requirements of the Society of Trust and Estate Practitioners (STEP). 

Hurdle requirement

Hurdle requirements: Achieve at least 50% of the marks available on the examination

Unit Fee Information

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