Self Study: Estate Tools and Trusts 2022

Overview

This course is available until April 30, 2025.

Everyone needs to do estate planning. It is more than just planning for death. Estate planning is designing a program for effective wealth building, preservation and disposition of property at the minimum possible tax cost. This exceptional mini-course surveys wills, living trusts, gifts, marital property and probate avoidance. Designed to eliminate estate problems and death taxes, the emphasis is on practical, cost-effective solutions. The text reviews and explains both federal gift and estate tax systems giving practice pointers and planning observations.

Highlights

• Build, preserve & distribute
• Legal documents
• Estate planning team
• Estate administration
• Estate planning techniques and devices
• Trusts

Objectives

• Identify the key participants and their roles in a coordinated estate plan and recognize the probate process including trust administration
• Determine specialized estate planning tools recognizing the use of trusts and identify how such tools save death taxes and transfer wealth while accentuating asset control
• Specify recommended trust provisions and requirements identifying how these terms and rules impact estate and trust taxation

Notice

Downloadable PDF