Integrating Estate Planning with the Tax and Financial Plan (On-Demand) 2020

Description

Today, a substantial portion of the wealth held by Americans consists of tax-deferred retirement accounts, such as traditional IRAs, 401(k)s, and 403(b)s. These accounts create a forum for personal financial planners to provide valuable planning opportunities to their clients.

Updated for the Tax Cuts and Jobs Act (TCJA) of 2017, this CPE course covers taxation and income tax planning; integration with other areas of personal financial planning; and, the interrelationship between income tax and estate tax.

Hot topics include:

Income in respect of a decedent
Traditional retirement assets
Royalties
Equity compensation
Annuities
Roth IRAs
Risk management
Elder planning
Special needs
Terminal illness planning
Charitable planning

This course also considers planning for income in respect of a decedent (IRD), retirement plans, and net unrealized appreciation, elements which mandate the use of outside advisers, so personal financial planners can work with multiple advisers in achieving the client’s estate plan.

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

1.5

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

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When

Available 24/7

Location

Online

Total CPE Credits

1.5

Format

On-Demand

Instructors

Multiple

$79.00

$99.00

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