• Understand the Fundamental of Trusts and Estates Planning


Understand the Fundamental of Trusts and Estates Planning

Recent changes in the taxation of estates and trusts have also changed some of the planning techniques that practitioners should consider when advising your clients. This course covers that what the financial professional should know about trusts & estates. It will cover a broad number of topics ranging from the fundamental legal principals necessary for the trust and estate practitioner to understand to the ability of language in the trust instrument accomplish a certain tax result. Specific topics include:

Session Highlights:

  • Legal definitions & principals involving estates & trusts
  • Basic principles regarding property ownership
  • Types of trusts commonly used
  • Trust accounting fundamentals
  • Certain clauses that are important to understand
  • Formula valuation clauses
  • Requirements for a trust to be a qualified designated beneficiary of an IRA
  • Using IRD to fund charitable bequests

Learning Objectives:

  • Learn how to read and understand estate planning instruments
  • Learn basic fiduciary accounting principles
  • Learn about select planning opportunities and traps

Credits and Other information:

  • Recommended CPE credit – 2.0
  • Recommended field of study – Taxes
  • Session Prerequisites and preparation: None
  • Session learning level: Basic
  • Location: Virtual/Online
  • Delivery method: Group Internet Based
  • Attendance Requirement:  Yes
  • Session Duration: 2 Hours
  • Case Studies and Live Q&A session with speaker
  • PowerPoint presentation for reference

Who Will Benefit:

  • CPA's
  • Tax Attorneys
  • Accountants
  • Tax Compliance Managers
  • Other Tax Professionals

Understand the Fundamental of Trusts and Estates Planning

Available Options