Estate Planning Essentials ON DEMAND

Overview

This is an essential course for professionals seeking to enhance their expertise in estate planning. This course comprehensively covers critical aspects such as wills, living trusts, marital property, and probate avoidance, equipping participants with the knowledge to advise clients effectively. Attendees will benefit from an in-depth exploration of estate planning tools, understanding their advantages and limitations. The course provides insights into the role of estate planning professionals and the significance of recent legislative changes. By understanding the implications of marital deductions, exclusion amounts, and the nuances of power of attorney, professionals can offer strategic advice, ensuring clients make informed decisions for their estate planning needs.

Highlights

Estate planning. Annual gift tax exclusion. Family documents.

Prerequisites

None.

Designed For

CPAs, financial professionals, enrolled agents, and attorneys.

Objectives

Recognize members of the estate planning team including their role in the estate administration process, specify the unlimited marital deduction requirements, cite the applicable exclusion amount and identify the effects of stepped-up basis particularly, the repealed of modified carryover basis. Determine the limits of a simple will and the advantages and disadvantages of living trusts. Identify specialized estate planning tools and how they permit clients to pass more wealth and save death taxes, cite the uses of a durable power of attorney, and specify instances when a conservatorship is appropriate.

Preparation

None.

Notice

None.