Digital Assets and Rewards (Loyalty) Programs: Financial Advisor Essentials

By AGF Management Limited

In today’s world, estate planning includes planning for your client’s digital assets.

In this video, Michael Kulbak of Kulbak Trust Solutions helps financial advisors understand the importance of planning for digital assets, as well as reward program points, and what hurdles can arise related to these assets.

Kulbak defines digital assets — email, stored photos, online banking access, websites, cryptocurrency, e-books, social media activity and more — and he presents the challenges that executors and fiduciaries face when dealing with these assets.

Topics covered include valuation, tax implications, distribution, estate administration complexities and planning opportunities. The course also includes case studies that illustrate the importance of planning for digital assets and rewards program points.

After taking this course, financial advisors will understand:

• what digital assets are (5%)

• estate administration complexities related to digital assets and the importance of having a digital assets clause in a will (10%)

• issues related to accessing digital assets (10%)

• the ownership and valuation of digital assets (10%)

• complexities associated with email, social media and domain names (10%)

• digital asset tax implications (includes cryptocurrency and non-fungible tokens) (15%)

• estate planning considerations for loyalty program points (15%)

• planning tools and opportunities for digital assets (25%)

Digital Assets and Rewards (Loyalty) Programs: Financial Advisor Essentials

Accreditation Details

Accreditation body
Competency
Credits

IIROC Cycle 9

Professional Development

1.00

Compliance

--

The Institute/IAFE

Ethics

--

Financial Planning

1.00

Practice Management

--

Product Knowledge

--

FP Canada

Product Knowledge

1.00

Professional Responsibility

--

Practice Management

--

Financial Planning

--

CSF

Matières générales

--

Mutual Funds

--

Assurance de personnes

--

Compliance

--

Courtage en épargne collective

--

General Subject

1.00

Group Insurance of Persons

--

Group Savings Plan Brokerage

--

Insurance of persons

--

ICS

Life Insurance

1.00

Alberta Insurance Council

General Insurance

--

Life Insurance

1.00

FSRA

Life and/or A&S

1.00

MFDA (2023-2025)

Business Conduct - Ethics

--

Business Conduct - Non-Ethics

--

Professional Development

1.00

CIRO Cycle 10

Professional Development

1.00

Compliance

--

Course Type:

Video

Passing Grade:

7/10 (70%)

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