Real Life Estate Planning
Many believe with the indexing of the estate tax exemption; proper estate planning has passed it’s prime. A simple review of the titling of assets and of the beneficiaries can ease a client heading toward the end. This session reviews the impact of proper titling and naming of beneficiaries.
Objectives
Upon completion of the session, the learner will be able to:
• Advise clients as to the impact their bequest will have on the beneficiaries
• Assist clients in considering viatical payments towards their end time and understand the tax impact of that choice
• Comprehend the tax rate difference between the 1040 and the 1041
• Explain the difference between gifted and inherited properties to clients
Details
Kathryn Keane, EA
Instructor:
Level:
Intermediate
Prerequisites:
Basic knowledge of estate & financial planning
Advanced Preparation:
None
Delivery Method:
Group Live
CPE credits Designation Field of study
IRS
2
AFSP
Federal Tax Law Topic
IRS
2
EA
Federal Tax Law Topic
NASBA
2
CPA
Taxes
CTEC
2
CRTP
Federal Tax Law Topic
CFP Board
2
CFP®
Yes
How to Earn CPE
Sessions are first come, first served. Registration is not required for individual sessions. To earn CPE, scan your badge on your way into each session. You do not need to scan on your way out. CPAs will receive an additional form at registration to self-report their time out. We strictly abide by the IRS’ CPE rules and turn badge scanners off ten minutes after each session begins. We cannot award CPE if your badge isn’t scanned.