FPL330 Intergenerational Advice

Updated: 08 January 2020
Credit Points 6
Offering Not offered in 2020
Intensive School(s) None
Supervised Exam There is no supervised examination.
Pre-requisites candidature in the BCom or BCom(FinPlan) and 48cp
Co-requisites None
Restrictions FPL430
Notes None
Combined Units None
Coordinator(s) Cynthia Shannon (cshanno5@une.edu.au)
Unit Description

In this unit you will analyse the principles of intergenerational advice and the issues that arise when dealing with multiple layers of advice in a family structure, across generations. Estate planning is the obvious area of advice, however different case scenarios that include small businesses, blended families and aged care are equally as important. Investments, loan types, and ownership structure for wealth are analysed including testamentary trusts, and special needs trusts. The client engagement process for this type of advice is contrasted against simple advice. Various pricing options are evaluated to capture the unique value proposition for this type of complex scenario.

Materials Textbook information will be displayed approximately 8 weeks prior to the commencement of the teaching period. Please note that textbook requirements may vary from one teaching period to the next.
Disclaimer Unit information may be subject to change prior to commencement of the teaching period.
Assessment Assessment information will be published prior to commencement of the teaching period.
Learning Outcomes (LO) Upon completion of this unit, students will be able to:
  1. critically evaluate intergrational advice issues as they impact different family segments;
  2. construct an intergenerational estate planning strategy for clients;
  3. evaluate risk areas and appropriate loan structures that would apply to intergenerational property holdings across farming, small business and blended families;
  4. analyse aged care strategies as they impact intergenerational wealth plans; and
  5. review and critique testamentary trusts and special needs trusts used within intergenerational advice.