Family Trust Planning – Different Ways to Do It by Azhar Iskandar Hew
June 1, 2025
INTEGRATED Approach to Estate Planning, A PRACTICAL Perspective by Lee Khee Chuan
RM260.00
| Date | 10 July 2025, Thursday (Full-Day Online CE Workshop) |
|---|---|
| Time | 9.00am – 5.00pm |
| CE/CPE/CPD | 10 FPAM CE Points / 10 SIDC CPE Points (Coming Soon) / 8 FiMM CPD Points (Coming Soon) |
| Facilitator | Lee Khee Chuan |
Many qualified financial planners acquired book knowledge on financial and estate planning during their course of study. But the key really is to be able to APPLY the knowledge in real situations! There is a GAP between what they know and how to transform themselves to become successful practitioners in financial & estate planning. They need help in PRACTICE MANAGEMENT! This FPAM CE course is designed with the above in mind for CFP holders and students. The facilitator will share the integrated approach to estate planning to help participants understand and integrate the various estate planning components of Will & estate planning into a coherent plan. This course is unlike the other estate planning courses, as it takes an “up-side down” approach where it focuses 100% on the client and not on products like will, trust and life insurance. Real life case studies will also be discussed. This course is ideal for those who are looking to beef up their estate planning & advisory for their clients.
Learning Outcome
By the end of the course, participants will be able to:
- Understand and appreciate the client-centred approach and integrate the various estate planning instruments, including will planning, trust set up and business estate planning.
- Diagnose and identify the various issues that concern the client and design an integrated estate plan for him or her (focus will be on estate planning for parents with young children).
- Apply the integrated approach in estate planning and to enhance your estate planning components in your financial plan for clients.
Learning Outline
| Time | Details |
| 8:30 – 9:00 am | Registration / Pre-Assessment |
| 9:00 – 9.30 am | Intestacy law (legal process involved when a person dies WITHOUT leaving a valid will) |
| Description: | · Distribution Act 1958 (amended 1997) and its implication
· Probate Administration 1959 and its implication · Small Estates (Distribution) Act 1955 · Public Trust Corporation Act 1955 |
| 9:30 – 10:30 am | Testacy law (legal process involved when a person dies leaving behind a valid will) |
| Description: | · Will Act 1959 and its implication
· Inheritance (Family Provision) Act 1971 and its implication |
| 10:30 – 10:45 am | TEA BREAK |
| 10:45 – 11:30 am | The nuts and bolts of Will Planning |
| Description | · Simple will vs comprehensive will?
· Types of beneficiaries vs complications in relationship · Types of assets vs locations of the assets · Sole names vs joint names assets · Outright vs deferred distribution of assets · Normal children vs special need children · Personal vs company assets · Probate vs non probate assets · Assets under the estate vs assets outside the estate · Beneficiaries vs substitute beneficiaries · Husband’s vs wife’s will |
| 11:30 am – 12:00 pm | Testamentary trust vs Living trust |
| Description | · Similarities vs differences
· Advantages vs disadvantages of the two types of trust · When to use which one for estate planning |
| 12:00 – 12:30 pm | Life Insurance trust |
| Description | · Advantages and disadvantages
· Types of life insurance trust · When to use life insurance trust |
| 12:30 – 2:00 pm | LUNCH BREAK |
| 2:00 – 2:30 pm | Six-step estate planning process |
| Description | · Client focus vs product focus
· Fact-finding is the key to the estate planning process · Objective-driven vs product-driven |
| 2:30 – 3:00 pm | Complications arising from the lack of and piecemeal estate planning |
| Description | · Lack of a big picture by various parties handling the estate planning
· Off-the-shelf products are not integrated into the planning process · Inadequate advice from estate planners |
| 3:00 – 3:30 pm | Integrated approach to estate planning |
| Description | · Will (importance of executor appointment);
· Testamentary trust (setting up a trust inside the will) · Protecting assets against estate creditors’ claims · The magic of life insurance in estate planning · Client’s estate plan must be coordinated · Recommended estate planning instruments must be integrated |
| 3:30 – 3:45 pm | TEA BREAK |
| 3:45 – 4:00 pm | Overview of estate planning for SME/business owners |
| Description | · Sole proprietorship, partnership & Sdn Bhd
· Business interest and shareholdings in estate planning · Overview of business continuation planning |
| 4:00 – 4:45 pm | Case study/Kisah Benar |
| Description | · Simple Will written by A Business owner who has a 2nd marriage (younger wife with a minor child). Why is it the Will problematic?
· 4 brothers in a Mini Mart partnership business. After the eldest brother’s sudden death due to a heart attack, the business went into financial difficulty and was sued by the business creditor (bank). The partnership business failed, all 4 brothers were sued, and the shophouse was auctioned by the bank |
| 4:45 – 5:00 pm | Post Assessment / Closing |
Facilitator
Lee Khee Chuan,
Lee Khee Chuan is a leading figure in the financial advisory sector, renowned for his extensive qualifications, including being a CFP Professional, Chartered Financial Consultant (ChFC), Chartered Life Underwriter (CLU), and Fellow of the Life Management Institute (FLMI). His educational background is anchored by a Bachelor of Arts from the National University of Singapore, with double majors in political science and psychology. Lee holds both CMSRL and FAR licenses. He significantly contributes to the development of future financial professionals as a CFP Course Lecturer and CE facilitator for the Financial Planning Association of Malaysia (FPAM) and broadens his impact through insightful columns in Smart Investor Magazine and Free Malaysia Today (FMT).
As the first in Malaysia to advocate an integrated approach to estate planning, Lee has set new benchmarks for comprehensive financial planning in Malaysia. Involved in the financial services industry since 1995, Lee is dedicated to sharing his expertise on integrated estate planning, aiming to empower CFPs and financial planners through his continuing education and online courses. His commitment to sharing knowledge and enhancing the capabilities of financial planning professionals cements his position as a key influencer and resource in the financial planning industry, driving forward the standards of financial advisory services.
Terms & Conditions
- Registration is on a first-come-first-served basis, only 30 seats are available.
- Participants need to sit in for the workshop throughout the day to receive the certificate and to fulfill the endorsement of points.
- Confirmation is subject to receipt of payment before the workshop.
- FPAM reserves the right to amend the program, speaker, date, venue, etc, without prior notice.
Frequently Asked Questions
1. How long will each physical program take?
Each physical program is the equivalent of a day’s CE Workshop training for approximately 8 hours with the morning & afternoon coffee break and lunch in between. The duration of the program excluding the break is 6 hours.
2. Can I attend only half the sessions of the training?
You will need to sit in for the session throughout the day unless you have a valid reason or a copy of proof.
3. Mode of payment?
We accept payment by credit / debit card (VISA / MasterCard / AMERICAN EXPRESS / Discover), by FPX (Affin Bank, Alliance Bank, AmBank, Bank Islam, Bank Muamalat, Bank Rakyat, BSN, CIMB Clicks, Hong Leong Bank, HSBC Bank, KFH, Maybank2E, Maybank2U, OCBC Bank, Public Bank, RHB Bank, Standard Chartered, UOB Bank).
4. How secure is shopping? Is my data protected?
Your data will be handled confidentially and encrypted with SSL (Secure-Socket-Layer) secure server software. The encrypted information of your order, your name, address, credit card, and bank details cannot be retrieved by any third party. Credit card payments will also be verified through the 3D secure procedure.
5. Who should I contact if there is any transactional issue or problem purchasing any product/service?
Kindly drop a message below with the problem statement, and we will get back to you as soon as possible.