Estate Planning

Help your single clients achieve financial autonomy. Nine out of 10 women will find themselves solely responsible for their own finances at some point in their lives — some because of divorce or a spouse’s death. Financial advisors play a key role in helping these clients regroup, embrace their new role as sole decision makers and thrive as a result of proper financial planning.

Pre-approved for:
- IIROC (cycle 9) - 1.0 Professional Development (expiry 31 Dec 2023)
- MFDA - 1.0 Professional Development (expiry 17 July 2025)
- The Institute (Advocis) - 1.0 Financial Planning (expiry 17 July 2025)
- FP Canada - 1.0 Financial Planning (expiry 10 Sept 2025)
- Alberta Insurance Council (AIC) – 1.0 Life (expiry 17 July 2026)
- Insurance Council of Manitoba – 1.0 Life (expiry 17 July 2025)
- Chambre Securité Financière (CSF) – 1.0 General Subject (expiry 16 July 2025)
 

Register

Pre-approved for:
- Alberta Insurance Council (AIC) – 0.75 Life (expiry 5-Dec-25)
- CSF - 1.00 General Subject (expiry 24-Feb-25)
- FP Canada – 1.00 Financial Planning (expiry 9-Dec-24)
- IIROC Cycle 9 - 1.00 Professional Development (expiry 31-Dec-23)
- The Institute - 1.00 Financial Planning (expiry 25-Feb-25)
- Insurance Council of Manitoba – 1.00 Life (expiry 25-Feb-25)
- MFDA - 1.00 Professional Development (expiry 31-Dec-23)

Register

One of the options for savings for a child’s education is an “in-trust account”.  This module will explore the mechanics of this type of trust, in particular, how it differs from a formal trust (as opposed to an informal trust).  You will learn the advantages, and potential risks, of this type of trust in terms of control and tax implications.  How this can be used along with other existing plans (such as RESP and CESG) will be identified.

Proactively help clients plan for and manage their financial health by reporting on improvements in debt and savings over time. The focus is on a healthy balance sheet and responsible use of debt in building family wealth.  Learn how to pay down debt and in what order, what types of debt are necessary to accelerate the building of wealth, and how to manage cash flow for upcoming life events. This applies both to individuals and families as well as companies – see the various tactics used in both scenarios.

Advanced serious illness planning requires a three-legged stool that has a medical, financial, and legal dimension. If any of these dimensions or ‘legs’ is not done properly, the stool doesn’t function, and the person (and their family) is inadequately prepared for their future.  All this suffering can be prevented by ‘better upstream’ personal planning.  The student will understand the basic principles behind the preservation of wealth and how to discuss these concepts and implement decisions with the client.

Canada has been undergoing a significant demographics shift with an increase in the number of Canadians over 65, and over 80.  This has introduced major challenges with social and health policy.  Understand the role of families in managing and planning for end-of-life care.  Is there a role for a trusted advisor, and what does that look like?

As a business owner, pension options and their associated risk can vary quite significantly from that of an employee.  This module will explore some unique retirement saving strategies unique to business owners over and above the standard registered or non-registered personal savings.  We will touch on potential succession planning as it relates to selling the business, whether via transfer within the family, selling to a partner or stakeholder, or selling to a third party.

This module will provide students with a detailed overview of the potential tax benefits to be gained as a result of charitable gifting using life insurance. Learn how to discuss, in broad terms, the benefits available and liaise with various specialists, clients, accountants and charities in providing the correct solution, before and after death. Several strategies and outcomes are demonstrated in this module.

Pre-approved for:
- Alberta Insurance Council (AIC) – 1.00 Life (expiry 20-June-24)
- Insurance Council of Manitoba – 1.00 Life and/or A&S (expiry 20-June-24)
- Chambre Securité Financière (CSF) – 1.00 General Subject (expiry 20-June-24)

Protect yourself and your senior clients by knowing the rules for dealing with senior investors and how to implement those rules and guidelines.  The regulatory framework as it applies to client capacity has been slowly evolving.  There is more guidance and best practices being provided by regulators.  Learn how, as an advisor, these should be incorporated into your practice.

Pre-approved for:
- Alberta Insurance Council (AIC) – 1.00 Life (expiry 20-June-24)
- Insurance Council of Manitoba – 1.00 Life and/or A&S (expiry 20-June-24)
- Chambre Securité Financière (CSF) – 1.00 Compliance (expiry 20-June-24)

As more and more Canadians enter the ‘Empty Nester’ stage of life, this presents a real opportunity for you to reinforce your role as their trusted advisor and help your clients navigate this new chapter in their life. Identifying and navigating the financial gaps and opportunities will be covered.

Pre-approved for:
- Alberta Insurance Council (AIC) – 1.00 Life (expiry 20-June-24)
- Insurance Council of Manitoba – 1.00 Life and/or A&S (expiry 20-June-24)
- Chambre Securité Financière (CSF) – 1.00 Insurance of Persons (expiry 20-June-24)

In this module, we’ll look the importance of integrating charitable giving into your clients’ financial plans. This module discusses the features and benefits of different philanthropic structures for charitable giving, disbursement requirements for foundations, endowment funds and donor advised funds and how to work with investment committees and charitable sector investment policies.

Pre-approved for:
- Alberta Insurance Council (AIC) – 1.00 Life (expiry 20-June-24)
- Insurance Council of Manitoba – 1.00 Life and/or A&S (expiry 20-June-24)
- Chambre Securité Financière (CSF) – 1.00 General Subject (expiry 20-June-24)

As your clients’ financial professional, you are often one of the first to discover diminishing capacity.  Therefore, you can play an important role in serving vulnerable clients and meeting their changing needs.  You can continue to bring value to your clients by discussing relevant topics such as healthcare and long-term care planning, post-retirement planning, PoA, among others. Insurance may have an important place in helping clients prepare for and navigate their lives as they become more vulnerable.

Pre-approved for:
- Alberta Insurance Council (AIC) – 1.00 Life (expiry 20-June-24)
- Insurance Council of Manitoba – 1.00 Life and/or A&S (expiry 20-June-24)
- Chambre Securité Financière (CSF) – 1.00 Compliance (expiry 20-June-24)

Disability can strike anyone at any time, throwing a client’s plans for a rosy financial future off track. Temporary or long-term Loss of income is usually the most immediate issue that you and your client will have to address.  But the matter is much more complex. We’ll look at registered plans, non-registered investments, insurance, and government sources of income and benefits through the lens of disability planning.

Pre-approved for:
- Alberta Insurance Council (AIC) – 1.00 Life (expiry 20-June-24)
- Insurance Council of Manitoba – 1.00 Life and/or A&S (expiry 20-June-24)
- Chambre Securité Financière (CSF) – 1.00 Insurance of Persons (expiry 20-June-24)

Disability can strike anyone at any time, throwing a client’s plans for a rosy financial future off track. Temporary or long-term Loss of income is usually the most immediate issue that you and your client will have to address.  But the matter is much more complex. We’ll look at registered plans, non-registered investments, insurance, and government sources of income and benefits through the lens of disability planning.

Pre-approved for:
- Alberta Insurance Council (AIC) – 1.00 Life (expiry 20-June-24)
- Insurance Council of Manitoba – 1.00 Life and/or A&S (expiry 20-June-24)
- Chambre Securité Financière (CSF) – 1.00 Compliance (expiry 20-June-24)

Dealing with the myriad of responsibilities following the death of a client can be a daunting experience for executors and beneficiaries alike.  As a knowledgeable source of advice on how to protect the deceased client’s wealth, and by confidently providing required documentation in a timely fashion, you can ease their burden and demonstrate your reliability as a source of future financial advice.

Pre-approved for:
- Alberta Insurance Council (AIC) – 1.00 Life (expiry 20-June-24)
- Insurance Council of Manitoba – 1.00 Life and/or A&S (expiry 20-June-24)
- Chambre Securité Financière (CSF) – 1.00 General Subject (expiry 20-June-24)

Managing and working in a family business has its advantages and disadvantages. Understanding family dynamics and systems is the most challenging aspect of working within a family business, and unless there is a good understanding of strategies to address these areas, even “great” plans and ideas can fail to be implemented. Understand the common issues in a business family and to recognize the value you bring as a trusted advisor.

Pre-approved for:
- Alberta Insurance Council (AIC) – 1.00 Life (expiry 20-June-24)
- Insurance Council of Manitoba – 1.00 Life and/or A&S (expiry 20-June-24)
- Chambre Securité Financière (CSF) – 1.00 General Subject (expiry 20-June-24)