EPP1 Foundations of Estate Planning

EPP1 Foundations of Estate Planning

Overview

While lawyers are not financial planners, understanding the financial issues is critical to estate planning. This subject covers a range of financial planning matters which fall within the ambit of a solicitor, from business structures to insurance matters. Students learn how to apply these financial concepts to the drafting of a client advice and an estate plan.

This subject will cover preparing an estate management plan, setting up structures to protect the estate, taxation of estates, protecting the estate from claims, superannuation, insurance, asset transfer to companies, trustees and other entities and challenges to estate planning strategies.

This subject will provide an introduction to estate planning and some of the estate planning tools and strategies that are available. It will take you through the basics of how to prepare an estate plan. It covers the legislative and case law governing the use of discretionary trusts, superannuation and insurance as estate planning and asset protection tools.

 

Outline

Topics in this subject include

  • Introduction to estate planning
  • Preparing an estate management plan
  • Structures and asset protection strategies with an emphasis on the discretionary trust
  • Social security and special disability trusts
  • Capacity and substitute decision making
  • Superannuation - issues arising during the establishment, accumulation and pension phase of superannuation funds
  • Superannuation and death
  • Insurance
  • Taxation of deceased estates


Availability

IN STEP WITH STEP

The College of Law is an Accredited Education Partner of STEP, the worldwide professional association for practitioners dealing with family inheritance and succession planning. STEP has over 20,000 members across more than 80 countries from a broad range of professional backgrounds. 

One subject in either the Wills & Estates major or Estate Planning major, gives you 30 Diploma Level credits towards STEP membership. If you wish to proceed to Full STEP Membership, with use of post-nominal TEP, you must have a minimum of two years’ relevant experience and successfully complete 120 Diploma Level credits, including the successful completion of the following subjects:

  • WEP1 Foundations of Wills & Estates Practice and WEP2 Law and Practice of Estates; or
  • EPP1 Foundations of Estate Planning and EPP2 Superannuation.
     

 

How to enrol

If you are a new student 

Apply via our online application form that will take less than 15 minutes to complete. Simply press the Enrol button below. 

To make an application online, please note you will need the following documentation ready to upload:

  1. A copy of your Academic Transcript  
  2. A passport-sized current colour photo (does not need to be an official passport photo)
  3. If you are not an Australian citizen, evidence of your status  

You will also need to have the following at hand:

  1. CHESSN (Commonwealth Higher Education Student Support Number) if you have one  
  2. Your student number relating to your law degree / Diploma of Law / JD or equivalent.
  3. Your Tax File Number if paying via FEE-Help (student loan)

After completing the online application you will receive a confirmation email of your application – your enrolment is not complete at this stage.

We will email you once your application has been processed and your enrolment confirmed. This email will contain information about orientation, the onsite week and the learning portal.

 

Enrol

 

If you are a re-enrolling student 

Complete the re-enrolment process online in the Career Portal.

You will need your student number and password to login. 

 

Enrol

 
 

More information