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Expanding your advisory services to Estate and Succession Planning. A business that gives you flexibility of time and income.

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PROGRAMME STRUCTURE

A person wishing to join us as an ESP will have to attend a total of 5 days of training to kickstart as a Precepts Estate & Succession Practitioner.

WILLS
2 DAYS

TRUST
1 DAY

ONBOARDING + EXAM
2 DAY

This is structured to kickstart your knowledge in Estate Planning. The trainers are senior and qualified practitioners who are experienced and passionate in Estate Planning.

1. Kickstart through an Estate Planning Course

  • Wills & Trust Training – 2+1 days
  • Onboarding & Exam – 2 day

2. Kickstarter Kit

  • Precepts Name Card & Email
  • Training Booklet
  • Access to our Presentation Slide Decks
  • Brochures

3. Exclusive Discounts

  • Discount on your Own Will & Trust
  • Discount on your spouse’s Will & Trust

4. Continuous training and support from Precepts

  • Refer to Skills & Knowledge

5. Additional income stream

6. Direct access to Precepts’ Products & Services to extend your range of services

  • Consultation for Will writing
  • Safe keeping of Will in a secured facility
  • Trust Set up
  • Professional Executor
  • Licensed Trust Company with MAS for Trusteeship
  • Lasting Power of Attorney Form 1 & 2
  • Setting up of Singapore & offshore companies

Precepts is the only firm in Singapore to offer the above services all under one roof, bringing convenience to you and your clients.

TARGET AREAS OF TRAINING

Estate planning is about transferring your estate to the people you care about. Without a plan, family members or business partners can spend much time and resources sorting out the distribution of your assets.

The objectives of Wills and estate planning:

  • Why estate planning is important
  • Why people avoid it
  • Singapore’s intestacy laws
  • Estate planning objectives, process and tools
  • Ways to distribute your estate and execute your estate plan
  • Why you need to review your plan regularly

 

The objectives in setting up a trust can also roughly be summarized under six heads:

  • Economic, Tax and Estate Duty Minimization
  • Succession and Inheritance
  • Wealth Preservation and Enhancement
  • Maintenance and Provision for the family
  • Asset Protection and Avoidance of Potential Adversity
  • Philanthropic, Charitable and Esoteric purposes
LEARNING OUTCOMES

Participants will be able to:

  • Explore with the client critical issues relating to their individual scenario
  • Discuss issues faced by the family that impact succession planning
  • Introduce to the client concepts and structures relating to wealth distribution and succession

This course introduces you to why it is essential to make your plan now and the consequences of not having a will. Learn about wills, trusts, guardianship, and lasting power of attorney (LPA). By the end of the course, you will know how to plan your estate in a few steps:

  1. Ascertain the assets you own.
  2. Determine how you want your estate distributed.
  3. Decide on the means of transferring your assets.
  4. Execute your estate plan.
  5. Review it annually.
  • Introduce to the client concepts and structures relating to wealth distribution and succession
  • Discuss issues faced by the family that impact succession planning
  • Explore with the client critical issues relating to their individual scenario
PROGRAMME OUTLINE

The course is conducted online and short breaks will be given regularly instead of the timings below.

DAY ONE

Time Subject
09:00am – 09:15am
Registration
09:15am – 10:30am
  • Introduction to Precept Estate Planning Platform
  • Overview of Estate Planning
  • Interstate Succcess Act
10:30am – 11:00am
Tea Break
11:00am – 12:00pm
  • Estate Planning through Wills
  • Introduction to Wills Law
12:00pm – 01:00pm
Lunch
01:00pm – 03:30pm
  • Will Consideration
  • Location of Assets
03:30pm – 04:00pm
Tea Break
04:00pm – 05:00pm
  • The duties of the Executor
  • The role of the Trustee
  • Guardian of Minor Children
  • Grant of Probate vs Letter of Administration

DAY TWO

Time Subject
09:00am – 10:15am
  • Types of Specific Gifts - Movable and Immovable
  • Insurance Nominations
  • CPF Nomination
  • Residuary Estate
  • Testamentary Trust
10:15am – 10:45am
Tea Break
10:45am – 12:00pm
  • Introduction to Estate Administration
  • Digital Assets
12:00pm – 01:00pm
Lunch
01:00pm – 03:30pm
  • Wills Law - Case Studies
  • Singapore Real Estate
  • Dealing with Cross-Border Assets
03:30pm – 04:00pm
Tea Break
04:00pm – 05:00pm
  • Risk Management Aspects of Will Writing
  • Custody Services
Training Schedule
TRUSTS TRAINING – 1 DAY

DAY THREE

Time Subject
09:00am – 10:15am
  • Introduction to Trust
  • Differences between Will & Trust
10:15am – 10:45am
Tea Break
10:45am – 12:00pm
  • Parties to a Trust
  • Categories of Trusts
  • Purposes of creating a Trust
12:00pm – 01:00pm
Lunch
01:00pm – 02:30pm
  • Ways in using the Trust 
  • Applications of Life Insurance Trust 
  • Lasting Power of Attorney 
02:30pm – 03:00pm

Some Planning Considerations 

03:00pm – 03:30pm
Tea Break
03:30pm – 05:00pm
  • Case Studies on the above topics
  • Discussion on the reading material
  • Q&A 
ONBOARDING - 2 Days

DAY FOUR & FIVE

Time Content
09:00am – 12:00pm

Structure of eWIF
Trainer go through 1 Case Study
Case Study + Practice eWIF

12:00pm – 01:00pm
Lunch
01:00pm – 02:00pm

Onboarding Process (Administration)

02:00pm – 05:00pm

Trainer go through 1 Case Study
Case Study + Practice eWIF
Submission & Attestation Workflow
Custody Services

Time Content
09:00am – 12:00pm

Trust Introducer Activities
Product & Services in Precepts Trustee
Standby Trust

12:00pm – 01:00pm
Lunch
01:00pm – 03:30pm

Marketing your services as an ESP
Utilising the Precepts Platform

03:45pm – 05:00pm

Exam (Open Book, 50 MCQ)

Training Schedule
ONBOARDING & EXAM

DAY SIX

Time Subject
09:00am – 10:30am
  • Precepts Platform
  • Marketing
10:30am – 10:45am
Tea Break
10:45am – 01:00pm
  • Marketing
  • Quiz
Precept Estate Planning Course Calendar
Year 2020 Wills Training Marketing & Exams Trust Training
Months
(9am – 5pm)
(9am – 1pm)
(9am – 5pm)
January
7, 8
9
10
February
11, 12
13
14
March
10, 11
12
13
April
15, 16
17
22
May
13, 14
15
19
June
16, 17
18
19
July
14, 15
16
17
August
12, 13
14
19
September
15, 16
17
18
October
13, 14
15
16
November
17, 18
19
20
December
8, 9
10
11
Year 2021 Wills Training Trust Training Onboarding & Exam Marketing & Precepts Platform
Months
(9am – 5pm)
(9am – 5pm)
(9am – 5pm)
(9am – 1pm)
January
19, 20
21
27, 28
19, 20
February
23, 24
25
2. 3
23, 24
March
23, 24
25
30, 31
23, 24
April
13, 14
15
21, 22
13, 14
May
18, 19
20
27, 28
18, 19
June
15, 16
17
23, 24
15, 16
July
13, 14
15
20
21
August
10, 11
12
18
19
September
14, 15
16
22
23
October
12, 13
14
20
21
November
16, 17
18
24
25
December
7, 8
9
15
16
Year 2021 Wills Training Trust Training Onboarding & Exam
No. of days
2-day
1-day
1.5 day
Months
(9am – 5pm)
(9am – 5pm)
(9am – 5pm) (9am – 1pm)
January
19, 20
21
27, 28
February
23, 24
25
3, 4 March
March
23, 24
25
30, 31
April
13, 14
15
21, 22
May
18, 19
20
27, 28
June
15, 16
17
23, 24
July
13, 14
15
21, 22
August
10, 11
12
18, 19
September
14, 15
16
22, 23
October
12, 13
14
20, 21
November
16, 17
18
24, 25
December
7, 8
9
15, 16

*All days are Full-day trainings from 9am to 5pm except the last day of onboarding.

To find out more, you may email us at:
Email:

marketing@preceptsgroup.com

To register:

https://bit.ly/precepts_esp

Or fill in the register form below to enquire about our ESP classes.

JOIN US AS A LICENSEE TODAY OR ENQUIRE TO LEARN MORE
  • 10 Anson Road,
    International Plaza,
    #06-17, Singapore 079903
  • +65 6221 8633
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We are dedicated to provide comprehensive planning and solutions for wealth distribution, wealth succession, estate administration for individuals and families.

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