MAI700 - Estate Planning and Risk Management Strategies (Intensive)
| Year: | 2024 unit information |
|---|---|
| Enrolment modes: | Not offered in 2024 |
| Credit point(s): | 1 |
| EFTSL value: | 0.125 |
| Cohort rule: | This unit is only available to students enrolled in M769 Master of Financial Planning and M669 Graduate Diploma of Financial Planning only. |
| Prerequisite: | Nil |
| Corequisite: | Nil |
| Incompatible with: | MAA700 |
| Study commitment | Students will on average spend 150 hrs over the trimester on learning and assessment activities in this unit. This time should be divided between online learning activities, discussion boards, designated activities, assessment tasks, readings, study time and the 3-day intensive (9 am to 5pm for 3 days). This will include educator guided online learning activities within the unit site. |
| Scheduled learning activities - online | Students will be required to complete a range of reading and other learning activities and complete a multiple-choice test before commencing the intensive. The intensive runs via ZOOM meetings for three consecutive days from 9 am to 5 pm.
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| Note: | Students will be required to complete a range of reading and other learning activities and complete a multiple-choice test before commencing the intensive. The intensive runs via ZOOM meetings for three consecutive days from 9 am to 5 pm. Students will on average spend 150 hrs over the trimester on learning and assessment activities in this unit. This time should be divided between online learning activities, discussion boards, designated activities, assessment tasks, readings, study time and the 3-day intensive. For further information please email financial-planning@deakin.edu.au
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Content
This unit introduces students to the role of the professional financial adviser in wealth protection and the distribution of wealth upon death. The unit examines the role of estate planning in the advice process and seeks to develop students' ability to articulate clearly and coherently the theoretical and practical strategies in relation to estate planning, formulate and investigate problems, and recommend solutions. The unit also examines the concepts and application of personal insurance and risk management to the provision of advice to clients including the concepts of risk and insurance, the role and operation of the insurance industry and personal insurance products. The unit covers a number of important topics within estate planning including Wills, Powers Of Attorney, trusts, intestacy (including testamentary trusts), distribution of estate assets and the tax implications of the deceased estate, death aspects of financial products, and business succession planning. Within insurance and risk management, topics include risk concepts and an introduction to risk management; the role and regulation of the insurance industry in Australia, insurance contracts, types of personal insurance policies and the taxation of these products as well as general insurance.
Unit Fee Information
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