Download HS 332 Financial Planning Applications

Ongoing Professional Education
For John W. Ellison, ChFC, CLU, CFP®
Date
November
10, 2001
Course
CE 1 Credit
Course Description
November
9, 2001
CE 1 Credit
Estate Planning – The Extended IRA. Required CE Courses for CFP & State
of WI – Nationwide Life Insurance Co.
November
9, 2001
November
6, 2001
August 23,
2001
Course 199
CE 2 Credit
Course 199
CE 1 Credit
Course 276
CE 1 Credit
529 Plans Aren’t Just For College. Required CE Courses for CFP & State of
WI – Fidelity Investments
Nonqualified Compensation Planning. Required CE Courses for CFP & State
of WI - Nationwide Life Insurance Co.
Annuity Exchange. Required CE Courses for CFP & State of WI- Sun
America Life Insurance Co.
Market Value of Life Insurance. Required CE Courses for State of WI Coventry Center for Financial Professionals
Course 497
CE 1 Credit
The Landscape has changed. Required CE Courses
July 31,
2001
CE 1 Credit
Tools for the New Environment Required CE Courses
July 31,
2001
July 31,
2001
July 31,
2001
February
21, 2001
CE 1 Credit
CE 1 Credit
How to profitably Convert to a Fee-Based Practice. Required CE Courses
FSC Firm Elements
Understanding the Rules Engine. Required CE Courses - FSC Firm Elements
CE 1 Credit
Surviving the Storm: Compliance Clarified. Required CE Courses - FSC Firm
CE 3 Credits
VTC Avoiding Probate Court. Required CE Courses for State of WI - Society
of Financial Service Professionals
July 31,
2001
June 1996
March
1996
October
1995
Course 32
HS 332
Financial
Planning
Applications
HS 313
Individual
Health
Insurance
HS 336
Financial
Decision
Making at
- FSC Firm Elements
- FSC Firm Elements
-
Elements
The course begins with the financial planning process and develops a method for analyzing
and recommending a course of action that is appropriate for the client. Using the case
analysis method, the course integrates the various planning techniques, tools, and
products covered in earlier courses. Students receive practical experience in analyzing and
solving realistic financial problems of individuals and businesses. Cases range from simple
fact patterns and basic documents to complex situations involving not only personal
financial problems but also financial problems associated with businesses, business
ownership, and estate planning. Clients presented in the cases vary by age, income, family
status, occupation, objectives, and related financial problems. Elective Course for ChFC.
This course provides an overview of individual health insurance designed to meet the
needs of individuals, families, and certain business situations. The course also includes
coverage of medical expense insurance and Medicare supplements. In addition, it contains
a discussion of disability income insurance and long-term care insurance. Elective Course
for RHU & CLU.
This course, which expands on selected qualified-plan concepts introduced in HS 326,
focuses on the financial decisions that clients face as they approach, reach, and pass
retirement age and on the tools and techniques financial advisers may employ to assist
their clients with these decisions. Topics include estimating retirement income and capital
needs; retiree medical coverage and long-term care; life-care communities and other
housing arrangements; home equity conversion; Social Security benefits; qualified and
Page 1
Ongoing Professional Education
For John W. Ellison, ChFC, CLU, CFP®
Retirement
August
1991
HS 321 Income
Taxation
nonqualified plans, SEPs, IRAs, Roth IRAs, and SIMPLEs; retirement plan distribution
options, including annuity options, rollovers, lump-sum distributions, forward averaging, and
minimum required distribution planning; and investment planning and asset allocation. This
course is especially valuable for practitioners who advise retirees in decisions on rolling
over lump-sum pension distributions to IRAs. (This Huebner School course may be taken
for graduate credit.) Elective Course for ChFC, MSFS, AEP and MSM Degree.
This course examines the federal income tax system with particular reference to the
taxation of individuals. Topics covered include items of gross income, exclusions from
gross income, deductions, tax credits, capital gains and losses, and the taxation of life
insurance and annuities. The income taxation of partners and partnerships as well as
corporations and their shareholders also is covered.
The application of income tax laws to the transactions of individuals and businesses is
important to financial services professionals in planning for the avoidance, minimization,
and deferral of taxation. This course applies to the following programs: CLU-Elective, ChFC
August
1991
HS 331
Planning for
Business
Owners and
Professionals
August
1991
HS 334 Estate
Planning
Applications
July 1991
HS 326
Planning for
Retirement
Needs
July 1991
HS 330
Fundamentals
of Estate
Planning
June 1991
HS 324
Life Insurance
Law
December
1990
HS 323
Individual Life
& CFP™ Required.
This course focuses on the tax and legal aspects of organizing a business; compensation
planning for the business owner; business succession planning; buy-sell agreements;
estate planning and estate freezing techniques; methods for transferring a family business;
lifetime disposition of a business interest--taxable and tax-free dispositions and the use of
the installment sale and other methods; business uses of life and disability insurance for
the benefit of business owners; disability buy-sell agreements; and risk management for a
closely held business. This course also covers the special problems of professional
corporations. Required Course for CLU.
Estate and gift tax principles with emphasis placed on life insurance planning applications
are covered. Topics include forecasting the gross estate; life insurance trusts; valuation
principles; the use of charitable contributions as an estate planning technique; planning
opportunities stemming from the marital relationship; the taxation of trusts; implications of
employee benefits; and estate freezes. Also included is a case study reflecting procedural
aspects of the estate planning process. Elective Course for CLU & ChFC.
This course focuses on retirement planning for the business, the business owner, and the
individual. It consists of two major parts. The first covers qualified plans, nonqualified plans,
and IRAs; the second part deals with retirement needs for individual clients. This course
emphasizes the practical knowledge needed for choosing the best retirement plan and
designing a plan that will meet a client's needs from a tax and retirement standpoint.
Personal retirement planning and retirement distribution planning are also discussed. This
course applies to the following programs: CLU-Elective, ChFC, CFP™ & REBC Required.
Various aspects of estate and gift tax planning, including the nature, valuation, transfer,
administration, and taxation of property, are discussed. Particular emphasis is given to a basic
understanding of the estate and gift tax system, including the strategies used in estate
planning.
Topics include gratuitous transfers of property outright or with trusts, wills, and powers of
appointment; use of the marital deduction; the valuation of assets; and buy-sell
agreements. In addition, the client interview, fact-finding, ethical standards, and the
development of appropriate personal estate plans are discussed. Required Course for
CFP, ChFC, and CLU.
This course examines the legal aspects of life insurance including the basic principles of
contract law; policy provisions and an in-depth treatment of the incontestable clause;
assignments, ownership rights, and creditor rights; beneficiary designations and the disposition
of proceeds; the law of agency and its application to the life insurance business; and
advertising and privacy issues. Also included are discussions of the procedural and emotional
issues concerning death and dying and the ethical issues facing today's insurance producers.
It is important for financial services professionals to understand the legal rights and
obligations of the policy owner and the insurance company both before and after the policy
is issued; the way in which disputes between insureds and insurers are resolved; and the
general principles applied in the judicial process. Required Course for CLU.
This course includes coverage of individual insurance products, insurance operations, and
insurance regulation. Most of the course is devoted to the life insurance policies and
annuities available for the personal needs of individuals. The use of these products in the
financial planning process also is discussed. The remainder of the course is concerned
with insurance company organization, operations, and reserves. Required Course for CLU.
Page 2
Ongoing Professional Education
For John W. Ellison, ChFC, CLU, CFP®
Insurance
September HS 325
1987
Group Benefits
March
1987
HS 318
Insurance and
Financial
Planning
January
1987
HS 328
Investments
January
1987
HS 328
Investments
The growth of both group benefits and social insurance programs underscores the significance
of these areas. It is important that financial services professionals understand the provisions,
advantages, and limitations associated with each type of benefit or program as a method for
meeting economic security needs.
To this end, this course analyzes group insurance benefits including the governmental
environment, contract provisions, marketing, underwriting, rate making, plan design, cost
containment, and alternative funding methods. It also covers the various governmental
programs related to the economic problems of death, old age, unemployment, and
disability. CLU-Elective, RHU & REBC Required.
This course begins with a discussion of the financial planning process, addressing the
regulatory and ethical environment of financial planning, time-value-of-money concepts,
communication techniques, and the role of risk tolerance in financial decisions. The second
part of the course covers basic concepts in risk management and insurance, insurance
industry operations, legal principles pertaining to this industry, and regulation of insurers.
The course also covers social insurance, life insurance and annuities, medical and
disability income insurance, long-term care insurance, and personal property and liability
insurance. Required Course for CFP, ChFC, and CLU.
This course covers various aspects of the principles of sound investments and their application
to financial planning. Topics include risk analysis, risk reduction through diversification,
expected returns of various investments, and the nature of securities markets and investment
companies. In addition, the course examines fixed-income securities (e.g., bonds), common
and preferred stock, mutual funds, options, futures, and other investment vehicles, and
describes methods of evaluating various investments. Methods of portfolio design and analysis
also are covered.
The growing importance of money management and the abundance of investment
opportunities highlight the significance of this course. With the continually increasing
number and diversity of investment opportunities available in the marketplace, financial
planners must be aware of the risk-return tradeoffs that different investment instruments
present, so they understand which investment opportunities are consistent with their
clients’ personal objectives and levels of risk tolerance. In short, this course presents the
essential theory necessary to understanding how financial markets work, as well as how
best to diversify and balance a portfolio of investments to reduce risk and maximize
expected return. Required Course for CFP™, ChFC, and CLU.
This course covers various aspects of the principles of sound investments and their application
to financial planning. Topics include risk analysis, risk reduction through diversification,
expected returns of various investments, and the nature of securities markets and investment
companies. In addition, the course examines fixed-income securities (e.g., bonds), common
and preferred stock, mutual funds, options, futures, and other investment vehicles, and
describes methods of evaluating various investments. Methods of portfolio design and analysis
also are covered.
The growing importance of money management and the abundance of investment
opportunities highlight the significance of this course. With the continually increasing
number and diversity of investment opportunities available in the marketplace, financial
planners must be aware of the risk-return tradeoffs that different investment instruments
present, so they understand which investment opportunities are consistent with their
clients’ personal objectives and levels of risk tolerance. In short, this course presents the
essential theory necessary to understanding how financial markets work, as well as how
best to diversify and balance a portfolio of investments to reduce risk and maximize
expected return. Required Course for CFP, ChFC, and CLU.
Page 3