Course ID: EPLF

Estate Planning-Leveling the Playing Field

Many practitioners would like to develop an estate planning practice. The problem that many of these individuals face when taking an estate planning CPE course is that they cannot find a course that explains the basics of the topic in a manner that can be applied to practice development and practical ideas. By the end of the course, the “playing field” will begin to be “leveled” between those individuals who practice in this area and those who desire to do so.


LEARNING OBJECTIVES
  • To provide the practitioner with a practical understanding of the estate planning process.
  • To prepare the attendee for more advanced level courses in estate planning.

MAJOR TOPICS
  • What questions to ask in a first interview with a potential client
  • An overview of how the federal estate tax law works
  • Ten most common estate planning mistakes
  • Tips and valuable tools for gathering information from a client
  • Five steps to computing the federal estate tax
  • Detailed overview of all components of the federal estate tax
  • How to compute the federal gift tax; technical definition of a gift
  • Rules governing the income taxation of trusts and estates
  • What a disclaimer is and when to use such a device; tax implications of a disclaimer
  • How to use the marital/nonmarital trust as a planning tool
  • How the mechanics of the power of appointment trust, bypass (family) trust, and QTIP trust work
  • When to use a revocable trust; impact of putting investment real estate in a revocable trust
  • How the terms of a will are decided

DESIGNED FOR
CPAs, attorneys, bankers, financial planners

FIELD OF STUDY
Specialized Knowledge & Application
Taxes

PREREQUISITES
None

COURSE PRODUCER
Werner-Rocca Seminars LTD

CPE CREDITS
8.0

LEVEL
Basic

This course is available for your group as:

Group Live
 

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Or, contact BLI: 888-481-3500 or learn@blionline.org