FPL430 Intergenerational Advice

Updated: 14 January 2019
Credit Points 6
Responsible Campus Teaching Period Mode of Study
Armidale Trimester 1 Online
Armidale Trimester 2 Online
Armidale Trimester 3 Online
Intensive School(s) None
Supervised Exam There is no supervised examination.
Pre-requisites candidature in GradCertCom or GradDipCom or GradDipFinPlan or MCom
Co-requisites None
Restrictions FPL330
Notes None
Combined Units FPL330 - Intergenerational Advice
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 No text required
Disclaimer Unit information may be subject to change prior to commencement of the teaching period.
Title Exam Length Weight Mode No. Words
Compulsory Business Plan 20% 1500
Assessment Notes

Written assignment.

Relates to Learning Outcomes (LO)

LO: 1-6

Compulsory Final Assessment 40% 2500
Assessment Notes

Financial planning case studies.

Relates to Learning Outcomes (LO)

LO: 1-6

Compulsory Online Assessment 30% 1250
Assessment Notes

Online test comprising multiple choice and short answer questions.

Relates to Learning Outcomes (LO)

LO: 1-5

Compulsory Written Assessment Activity 10% 750
Assessment Notes

Short answer questions.

Relates to Learning Outcomes (LO)

LO: 1 and 2

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;
  5. review and critique testamentary trusts and special needs trusts used within intergenerational advice; and
  6. devise strategies to maximise intergenerational wealth.