Succession Planning Workshop

WAM Programmes

Application Procedures

Succession Planning Through Trust Structures:

A Case Study Approach

Eligible applicant will be reimbursed 80% of the course fees

Information about Estate planning and old glasses.

Course Description

This course will explore the use of trust structures for succession planning, using a case study approach. Practitioners will learn how various trusts are structured and used to manage and transfer assets across generations, and how to design trust structures that align with clients’ goals and values.

Module outcome

The Succession Planning Through Trust Structures: A Case Study Approach workshop is designed to equip participants with practical solutions for accessing and analyzing clients' background and intentions in succession planning. The workshop is structured to enable participants to learn about various planning tools and propose the most appropriate structure for clients, discuss the concept and legality of the proposed structure, and make amendments to suit their clients' needs. Participants will also learn how to execute the final proposed structure, monitor completion and review the structure periodically in line with changes in clients' circumstances and macroeconomic disposition.

Course Objectives

Participants can expect to gain the following knowledge and skills by attending the workshop:

Analyzing clients' background and intentions in succession planning

Understanding the legal and practical aspects of trust planning

Proposing appropriate structures for clients using various planning tools to align with their goals and values

Discussing the concept and legality of proposed structures with clients and making amendments to suit their needs

Executing the final proposed structure and monitoring completion

Reviewing the structure periodically in line with changes in clients' circumstances and macroeconomic disposition

Confidently advising clients on the appropriate succession planning structures and strategies with a life-long learning attitude

Course content

Trust Planning

lecture

case

study

group discussion

To understand the legality and rationales in trust planning
To differentiate the explicit transnational structures and diversified functionalities of the trust structures to achieve the objectives of succession planning lecture

group discussion

presentation

To examine case studies on HNWI and UHNWI

Case studies

target audience

Financial planning industry practitioners, wealth managers, and trust planning professionals

To register for the program, participant should show that they have adequate knowledge in

trust and estate planning

Participant with following qualification is proved to have adequate knowledge for the program:

AEPP® Designee or Candidates

CFP® Certificant

Interested party who did not have the qualification above should contact IFPHK

(Mr. Kong: 2982 7834/training@ifphk.org)

for verification before enrolling for the program.

intake & fee

Date: 16 April 2024 (Tuesday)

Time: 10:00 AM - 05:30 PM

Fee: $3,800

(After Reimbursement: $760)

Venue: IFPHK Office

Medium of Instruction:

Cantonese

Program Rundown (Tentative)

10:00 AM - 01:00 PM

Workshop Session 1

01:00 PM - 02:30 PM

Lunch (Networking Lunch)

02:30 PM - 05:30 PM

Workshop Session 2

CPD recognition:

6 IFPHK CE / SFC CPT / MPFA (Non-Core) / QRA (Non-designated) CPD hours

PROGRAMME DIRECTOR

Mrs. Kimmis Pun

MBA, CFP, ChFC, CWMA, AIF, AEPP and IBFA

Kimmis has over 30 years of extensive experience in investment management, banking, wealth and succession planning. She has held senior management positions in various leading global banks, including UBS, HSBC, BNP Paribas, Bank of America and Standard Chartered, serving Ultra High Net Worth Individuals in Indonesia, Singapore, Malaysia, Middle-East and the Greater China Region.

Kimmis is the Chairman of Wealth Planning Standard Board. She has also played a significant role in the financial planning industry. She was on the Board of Directors of US-based Financial Planning Standard Board after her 4-year presidency in Financial Planning Association of Singapore. Currently, Kimmis is the Managing Director, Family Office, in Shenning Investments Pte Ltd (MAS-licensed fund manager).

She is a frequent speaker at global conferences and workshops and has accumulated over 15 years of experience as a lecturer in universities in Singapore and the Asia region.

Pilot Programme to Enhance Talent Training for the

Asset and Wealth Management Sector -

Financial Incentive Scheme for Professional Training

This course has already been approved as an eligible course of the Financial Incentive Scheme for Professional Training (“the Scheme”) under the Pilot Programme to Enhance Talent Training for the Asset and Wealth Management Sector (“the Pilot Programme”).

The Scheme aims to enhance the competency and professionalism of in-service practitioners within the asset and wealth management sector and to assist other practitioners within the financial services industry in acquiring the knowledge and skills required for entering the sector. Eligible applicants will be subsidised 80% of the course fees by the HKSAR Government upon satisfactory completion of the courses, subject to a ceiling of HK$15,000.

Course Completion Requirement:

To complete the program, participant must:

Sign in and sign out of each session for records;
Arrive no later than 15 minutes after sessions commences; and
Do not leave earlier than 15 minutes before sessions ends

Participant must attend both of the sessions in order to complete the program &

IFPHK will issue course completion certificates to qualified students in the last session

Reimbursement Application:

Completed and duly signed online application form together with the required supporting documents must be submitted to the HKSI Institute’s office within FOUR months from the last day of the course attended

Enquiries:

Hong Kong Securities and Investment Institute is appointed as the implementation agent of the Pilot Programme. Regarding the details of eligible criteria and application procedures, please refer to the dedicated web-site of the Pilot Programme (https://www.wamtalent.org.hk/)