Advanced Certified Financial Planning

Course Code: FIN 4513

Academic Year: 2021-2022

This course will provide students with advanced retirement planning knowledge to facilitate analysis and evaluation of registered retirement plans, government benefit plans, registered education plans, and disability plans. Key topics include pension buyback and commutation, options upon death, and implications. Advanced taxation topics in financial planning are covered, including taxation and assessment rules for business ownership structures and trusts, tax deduction and deferral opportunities, risks of engaging in tax shelters, tax implications of being a U.S. person resident in Canada, tax consequences upon death, and the suitability of engaging in an estate freeze. The course will enable students to explain advanced uses of life insurance, estimate insurance needs for an individual, and explain the types of insurance that may be held in a corporation, and the advantages and disadvantages of doing so. Students will learn about estate succession, the division of property and support and maintenance upon relationship breakdown, trusts, domestic contracts, partnership and shareholder agreements, and the factors to consider in determining optimal business structures.