Estate Planning Fundamentals ON DEMAND
Available Until
Your Desk
6.0 Credits
Member Price $290.00
Non-Member Price $334.00
Overview
There are many options for estate planning that can minimize taxes, while ensuring that assets are distributed in accordance with your specific wishes. These options are covered in detail in this course. It covers the essentials of wills, probate, living trusts, the pay-on-death option, gift taxes and estate taxes, as well as planning for personal incapacity and much more.
Highlights
Property ownership rules. Itemizing your property. Types of beneficiaries. Explanations for beneficiaries. Disinheritance. Assigning responsibility for raising your child. Property management options. Leaving property to other children. The need for a will. Types of wills. When to use probate. Advantages of a living trust. Essentials of joint tenancy, and more.
Prerequisites
None.
Designed For
CPAs, financial professionals, enrolled agents, and attorneys.
Objectives
Identify the issues that can impact your estate planning goals. Specify the types of liquid assets. Describe the clauses that can be included in a will. Identify how the disinheritance concept is used. Specify the rules associated with a 529 plan. Identify the requirements for the creation of a will. Recall the steps involved in the probate process. Specify when the probate process can be useful. Describe the structure and contents of a living trust. Specify how a joint tenancy arrangement works. Specify the problems with a joint tenancy arrangement. Recall the advantages of the pay-on-death option. Recall the best circumstances for purchasing life insurance. Identify the different types of life insurance policies. Recall the characteristics of the different types of IRA, and more.
Preparation
None.
Notice
None.
Leader(s):
Leader Bios
Danny Santucci, Western CPE
Danny Santucci, BA, JD, is a prolific author of tax and financial books and articles. His legal career started with the business and litigation firm of Edwards, Edwards, and Ashton. Later he joined the Century City entertainment firm of Bushkin, Gaims, Gaines, and Jonas working for many well-known celebrities. In 1980, Danny established the law firm of Santucci, Potter, and Leanders in Irvine, California. With increasing lecture and writing commitments, Danny went into sole practice in 1995. His practice emphasizes business taxation, real estate law, and estate planning. Speaking to more than 100 groups nationally each year, he is known for spicing up his extensive expertise with an incredible sense of humor.
Non-Member Price $334.00
Member Price $290.00