CSI will be performing system maintenance on Saturday May 11th from 5 a.m. until 1 p.m. ET. You will not have access to your “myCSI” student account, nor will you be able to book, cancel or reschedule exams during this time. You can still access your online course materials by visiting connect.csi.ca then connecting to “Blackboard Learn”.

What is the course syllabus?

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Lesson 1

Topics covered in this chapter are:

  • Introduction
  • Assessing Family Needs, Priorities, And Estate Planning Goals
  • Approaching The Estate Planning Issue
  • Dying Intestate: The Government’s Solution
  • The Will
  • Why a Will is Drawn Up
  • Formats of a Will
  • The Basic Clauses of a Will
  • Special Clauses in the Will
  • Appointing Guardians for Minor Beneficiaries
  • The Common Disaster Clause
  • Per Stirpes Versus Per Capita
  • Restrictions on Testamentary Freedom
  • Amending or Replacing a Will
  • Assets Covered by a Will and Assets Outside of the Estate
  • Reviewing the Will to Ensure it Meets the Client’s Needs
  • Probate Procedures to Validate a Will

Lesson 2

Topics covered in this chapter are:

  • The Executor
  • Selection of the Executor
  • The Wealth Manager as an Executor
  • Corporate Executor
  • Powers of Executor
  • The Legal List of Allowable Investments
  • Prudent Investor Standard of Care
  • Executor Compensation
  • Tax Minimization and Deferral Prior to Death
  • Disposition of Capital Property Prior to Death
  • Transfer of a Capital Property to a Spouse/Spousal Trust
  • Transferring Capital Property to a Corporation
  • Estate Freezing
  • The Basic Objectives of Estate Freezing
  • The Use of Holding Companies and Inter Vivos (Living) Trusts
  • Risks of Estate Freezing
  • Partnership Income
  • Death Taxes

Lesson 3

Topics covered in this chapter are:

  • Estimating the Client’s Final Tax Liability
  • Techniques to Defer or Reduce Taxes
  • Transfer of Property to a Surviving Spouse
  • Naming a Spouse as Beneficiary on RRSPs or RRIFs
  • Naming Financially Dependent Children as Beneficiaries
  • RRSPs on Marriage Breakdown and Death
  • Applying Unused Capital Losses
  • Life Insurance
  • Spending More Before Death
  • Farm Properties
  • Falling Market Values after Death
  • Filing Income Tax Returns at Death
  • Rights or Things
  • Tax Return for a Deceased Proprietor or Partner
  • Income Beneficiary of a Testamentary Trust
  • Allowances for Capital Losses
  • Charitable Gifts
  • Rules Regarding Charitable Donations
  • Building the Estate Planning Team
  • The Family
  • The Lawyer
  • The Accountant
  • The Business Valuator
  • Estate Appraiser
  • Funeral Director
  • The Gift Planner
  • The Grief Counselor