FNSPRT512 — Advise clients in estate planning

1 Confirm client estate planning requirements

• 1.1Discuss client’s personal, financial and family situation and determine estate planning needs
• 1.2Identify aspects of client’s situation that require special attention in the estate plan
• 1.3Identify legislative requirements and organisational policies and procedures that apply to drafting of client’s circumstances and potential drafting of estate plan
• 1.4Discuss and confirm fees and cost structure for the estate plan with client, and confirm client understanding and agreement
• 1.5Seek assistance, advice or other services from internal or external specialist advisers as required

2 Research and prepare draft estate plan and ancillary documents

• 2.1Research relevant estate planning products, services and strategies according to client needs and expectations
• 2.2Determine benefits, risks and taxation consequences of each product, service and strategy identified
• 2.3Prepare draft estate plan and any ancillary documentation according to legislative requirements and organisational policies and procedures

3 Present draft estate plan to the client

• 3.1Explain to client the draft estate plan, and its structure and objectives
• 3.2Identify and explain to client the products, services and strategies contained in draft estate plan and any ancillary documentation
• 3.3Explain and confirm client’s understanding of required steps to finalise and implement draft estate plan

4 Collect and incorporate client feedback

• 4.1Seek and consider client feedback on draft estate plan and any ancillary documentation
• 4.2Document any amendments to the draft estate plan arising from client’s feedback, as required

5 Finalise documents and execution

• 5.1Finalise estate plan and any ancillary documentation
• 5.2Discuss with client any changes in the final estate plan
• 5.3Arrange for client to execute estate plan and any ancillary documentation

What does an assessment tool for FNSPRT512 need to cover?

To satisfy the Principles of Assessment and Rules of Evidence, an assessment for FNSPRT512 needs to address all 38 unit components: 5 elements with 16 performance criteria, 1 performance evidence requirements, 16 knowledge evidence requirements, and the foundation skills. A coverage matrix mapping each question and task to these components is what an auditor looks for.

How does Auditori generate an assessment tool for FNSPRT512?

Auditori pulls the current release of FNSPRT512 from training.gov.au and generates a complete package: candidate assessment, assessor guide with model answers and observation criteria, and a coverage matrix mapping every component. A suitably qualified person then reviews and approves the draft in a built-in workflow — consistent with ASQA's guidance on AI use in VET — before export as branded PDF and editable Word.

Is the first assessment tool really free?

Yes. Every new account includes one free credit — enough to generate the complete assessment tool for FNSPRT512 — with no card and no subscription required. After that it's pay-as-you-go per unit.

Can I check my existing FNSPRT512 assessment instead of generating a new one?

Yes — upload your existing assessment or learner guide and Auditori maps it against every element, performance criterion, PE and KE of FNSPRT512, showing exactly what's covered and what's missing. Mapping costs a quarter of a credit.