• Recognize the advantages of the probate process.
• Recall the procedure that is used to dispose of a decedent’s personal and property interests.
• Identify a type of property interest that can only be held by spouses.
• Recall that certain expenses and taxes are deducted in the estate tax calculation.
• Identify property that is included in the gross estate.
• Determine the correct tax treatment for income in respect of a decedent.
• Identify the benefits of estate planning.
• Recognize when a personal financial client is intestate.
• Recall an estate planning recommendation that address incapacity.

• Fundamentals of estate planning.
• Estate tax calculations.
• Basic estate planning process.
• Instructions for care in the event of incapacity.
• Instructions for passing along the client’s values (education, religious beliefs, work ethic, etc.).
• Nomination of a guardian for minor children.
• Provisions for family members with special needs.
• Provisions for the transfer of business interests in the event of death or incapacity.

None.