Incapacity and Postmortem Estate Planning (On-Demand) 2020

Description

Non-citizen spouses, adoption, cohabitation, pets, blended families, and community property are all issues that may affect your clients’ financial and estate plans when they are temporarily, intermittently, or permanently incapacitated.

Updated for the Tax Cuts and Jobs Act (TCJA) of 2017, this course will equip you with the knowledge you need to help your clients plan for these possible situations. As the personal financial planner, you must be adept in navigating these and other new and oftentimes unchartered waters to avoid intervention by a court and the appointment of a guardian or conservator, which could be required if not planned for appropriately.

Format: Voiceover PowerPoint, Audio

Learning Objectives

Identify the court-appointed substitute decision maker for an incompetent adult.
Recall the most critical feature of a special needs trust.
Identify the person appointed to manage Social Security payments on behalf of an individual.
Recall the features of a qualified terminable interest property trust.
Recall the due date for Form 706, “United States Estate (and Generation-Skipping Transfer) Tax Return”.
Identify the latest date by which a disclaimer must be made.
Recognize the implications of a nonresident, noncitizen spouse of a U.S. citizen.
Recall the personal financial planning constraints when working with cohabitating partners.

Major Topics

Incapacity planning
Guardianship
Conservatorship
Postmortem estate planning
Powers of attorney
Advanced medical directives
Trusts
Other estate planning considerations

Provider

AICPA - Durham

Course Level

Intermediate

CPE Field of Study

Specialized Knowledge

Who Should Attend

CPAs and financial planners with basic knowledge of personal financial planning, and an interest in estate planning.

Instructor(s)

Susan Tillery Tom Tillery

Prerequisites

None.

Advanced Preparation

None.

Purchase Now

When

Available 24/7

Location

Online

Total CPE Credits

3.0

Format

On-Demand

$79.00

$99.00

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