Estate planning is the cornerstone of any personal financial plan. An estate
plan that is not coordinated with the overall personal financial plan may
inadvertently derail other planning objectives.
Updated for the Tax Cuts and Jobs Act (TCJA) of 2017, this course covers the
correct application of estate planning strategies that can greatly enhance the
client's personal financial plan.
Estate planning strategies addressed in this CPE course cover a wide range of
personal financial planning goals, including:
- Charitable giving
- Managing blended marriage situations
- Multigenerational transfers
- Wealth replacement.
Part of most estate planning considerations, gifting strategies will also be
discussed in this course.
Enhanced On-Demand Format
This enhanced on-demand format
offers meaningful and relevant content in the form of tables, charts, and
discussion points on slides. An instructor who is an expert on the topical area
breaks down complex topics, offers best practices, provides clarity, and shares
insights that help the learner achieve the learning objectives for the
course.
Key Topics
- Estate planning documents
- Trusts
- Goals that trusts can achieve
- The parties to a trust
- Grantor
- Trustee
- Beneficiary
- Types of Trusts
- Estate planning strategies
- Gifting strategies
- Marital trust
- Credit shelter trust
- Qualified disclaimer
- Portability
- Future interest
- Present interest
- Tax basis
Learning Outcomes
- Distinguish between a marital trust and a credit
shelter trust.
- Identify a qualified disclaimer.
- Recognize the applicability of portability as a basic
estate planning strategy. Distinguish between gifts of future and present
interests.
- Identify the tax basis of a gift, based on facts and
circumstances.
- Calculate the donee's tax basis for a gift, in which gift tax has been
paid by the donor.