Certificate Course

Planning with Trusts

Program

MFA™-Retirement and Succession Services Specialist

Overview

This course provides a detailed primer in the subject area featuring common true to life scenarios because every financial advisor who discusses tax, financial or investment plans with clients should have a basic understanding of the taxation of trusts in order to discuss estate planning options with clients.

Enrol Now

Opportunity

Trusts are used on an ever-increasing basis to plan for wealth and succession objectives for medium and high worth clients. An advisor who can assist with that process enjoys the oppor­tunity to nail down long-term, intergenerational connections with clients and their families.

What You'll Learn

You will come to understand the basics of trusts and learn how to explain them to clients. You'll also learn how to avoid probate fees using alter ego trusts and RRSP trusts, and reduce income taxes using charitable remainder trusts, estate freezes, and testamentary trusts. Among the subjects covered is learning how to protect children from gold-diggers, protect wealth from creditors, and safeguard beneficiaries from poor financial judgment using control designed trusts. Also covered is learning to help clients with disabled beneficiaries. Identifying opportunities and needs for insurance products as part of trust planning is a subject area as well.

What’s Included

• Personal course selection consultation
• Virtual campus orientation
• Lesson and study plans
• Personal instructor email support
• Comprehensive Knowledge Journal
• EverGreen Online Research Library
• Knowledge Bureau calculators
• Testing and certification
• CE/CPD accreditation

Student Experience

This course provides an extensive knowledge about the use of trust in tax and estate planning and is to be recommended as part of a background for a tax professional. It clearly spelled out the structure, advantages and disadvantages of each type of trust. The study cases give a valuable insight into handling a variety of situations where the establishment of a trust is warranted.

—Halina S., AB

Course Content

Chapter 1 | Basic Trust Mechanics
Chapter 2 | Trusts as Mechanisms to Exert Control
Chapter 3 | Basic Tax Treatment
Chapter 4 | Testamentary Trusts
Chapter 5 | Inter Vivos Trusts, Inter Vivos Trusts
Chapter 6 | Charitable Remainder Trusts
Chapter 7 | Alter Ego and Joint Partner Trusts
Chapter 8 | Insurance and RRSP Trusts
Chapter 9 | Spousal Trusts
Chapter 10 | Trusts for Disabled Beneficiaries

Marking Guide

Quizzes
60%
Case Studies
15%
Final Exam
25%
Passing Grade
60%
Honours Achievement
90%


All students who pass the course will receive a certificate. Students who receive a mark of 90% or better will receive a gold honours bar on their certificates.

CE | CPD Credits

Knowledge Bureau | 30 CPE credits

Most regulators and associations accept Knowledge Bureau certificate courses for continuing education credits.

Enrol Now