FIN563 Estate Planning (8)

This subject builds on the concepts involved in estate planning that are explained in subject FIN560, placing particular attention to the application of various law, processes and principles which are involved in dealing with a client's needs for wealth preservation and transfer. Financial and estate planning operations are explained within a broader professional occupation of estates practice.

The subject introduces students to the tasks associated with the identification of wealth preservation and transfer needs of clients as well as the development of estate administration plans, and prepares students for a professional career in estate planning and administration.


Session 2 (60)
Bathurst Campus

Continuing students should consult the SAL for current offering details: FIN563. Where differences exist between the Handbook and the SAL, the SAL should be taken as containing the correct subject offering details.

Subject Information

Grading System



One session


School of Accounting and Finance

Enrolment Restrictions

Postgraduate Courses in the Faculty of Business, Justice and Behavioural Science.



Learning Outcomes

Upon successful completion of this subject, students should:
  • be able to reflect critically on the structure, regulation and participants in the private wealth management sector;
  • be able to analyse and evaluate various approaches to the estate planning process;
  • be able to use effective communication skills and estate planning principles to establish client needs and objectives and develop an estate administration plan then sets out the proposed method of administration of the client's estates that is proposed to meet the client's needs and objectives;
  • be able to conduct technical research to complete estate planning work;
  • be able to create, present, and interpret a professional-quality Statement of Advice that includes a detailed estate administration proposal.


This subject will cover the following topics:
  • the role of estate planning in the professional financial planning;
  • the estate planning process including the client situation review;
  • identifying the extent of the estate;
  • successful estate planning - responding to the needs, intent and objectives of the client;
  • establishing key strategies for pre- and post-death estate administration;
  • identifying key risks in estate planning including relationship risk, family continuity risk, life risk, taxation issues and family business retention;
  • the role of superannuation in wealth preservation;
  • client capacity, trustee roles and relationship breakdown;
  • constructing Estate Administration Plans.

Indicative Assessment

The following table summarises the assessment tasks for the online offering of FIN563 in Session 2 2020. Please note this is a guide only. Assessment tasks are regularly updated and can also differ to suit the mode of study (online or on campus).

Item Number
Value %
Client report - assignment
Final exam

The information contained in the CSU Handbook was accurate at the date of publication: May 2021. The University reserves the right to vary the information at any time without notice.