MSF 515 - Estate Planning

3.00 credits.

This course introduces all of the estate planning topics a financial planner must master in order to become a Certified Financial Planner®. The course provides a solid foundation on estate and gift tax planning, such as basic documentations, the nature, valuation, transfer, administration, and taxation of properties. Specifically, the course offers in-depth discussions on gratuitous outright property transfer, with or without trusts, wills and powers of attorney (or power of appointment); the use of marital deduction; the method of valuing assets; and buy-sell agreements. In addition, processes of client interview, fact-discovering, ethical standards, and personal estate plan development will be covered. Discussions throughout the course seek to address both personal and business needs of clients and prepare students to succeed in the capstone case study course.