The Nuts and Bolts of High-End Estate Planning

Friday, September 23, 2022
Webcast or Webinar, Online
11:00AM - 6:30 PM (opens at 10:30AM) EST
8Credits
Technical Business

Registration is Closed

Online registration for this course is now closed. Please contact the Member Service Center at (800) 342-3197 if you wish to inquire about registering.

Members
$289.00 Regular Price
Non-Members
$389.00 Regular Price
Course Type: Webcast
Course Code: 22/43110396
Level: Intermediate
Vendor: California CPA Education Foundation
Field of Study: Taxes

Overview:

Knowing the basics of advanced estate planning strategies is essential in advising clients with significant wealth and seeking assistance in developing succession plans to address individual needs. Review transfer and income tax laws, plus available strategies to minimize taxes. Also, discuss the basic structure of advanced strategies, provisions in the governing document that authorize and regulate these strategies, modeling and tracking spreadsheets and software options. To illustrate the concepts discussed, experience a live demonstration of financial planning software, run modeling exercises and review examples of sophisticated estate and business planning scenarios.

Objectives:

  • Determine client transfer and income tax projections and the need for advanced planning.
  • Identify the pros and cons of various strategies.
  • Recognize and use different advanced estate planning strategies.
  • Calculate and project results for particular advanced strategies.
  • Identify modeling scenarios for individual client needs.

Major Topics:

  • A review of the current estate planning environment.
  • Estate planning changes that impact a client's estate plan.
  • QPRTs, GRATs, IDGTs and variations of these strategies.
  • Client presentation preparation.
  • Helpful tools to monitor and evaluate process and performance.
  • How to build flexibility into strategies to respond to changing circumstances.

Major Topics:

  • A review of the current estate planning environment.
  • Estate planning changes that impact a client's estate plan.
  • QPRTs, GRATs, IDGTs and variations of these strategies.
  • Client presentation preparation.
  • Helpful tools to monitor and evaluate process and performance.
  • How to build flexibility into strategies to respond to changing circumstances.

Designed For:

CPAs, attorneys, investment advisers and fiduciaries

Prerequisties:

An understanding of the basics of transfer and succession planning.
CPE sponsors

The Florida Institute of Certified Public Accountants (FICPA) is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: NASBARegistry.org