Trusts and Estate Planning Documents

Overview

This CPE course can be purchased individually or as part of the Estate Planning Certificate Program.

Which plan is appropriate for your client? Before you can make reasoned recommendations, you must have knowledge of trust types, features, and taxation so you can best educate and advise your clients.

Updated for the Tax Cuts and Jobs Act (TCJA) of 2017, this CPE course covers ancillary documents necessary to support the estate plan and the client, including a durable power of attorney and the durable power of attorney for health care, as well as living wills and trusts.

This course will ensure you understand these documents, what they seek to accomplish, and how they are put into practice.

Enhanced On-Demand Format

This enhanced on-demand format offers meaningful and relevant content in the form of tables, charts, and discussion points on slides. An instructor who is an expert on the topical area breaks down complex topics, offers best practices, provides clarity, and shares insights that help the learner achieve the learning objectives for the course.

Highlights

Key Topics

• Estate planning documents
• Trusts
• Goals that trusts can achieve
• The parties to a trust
• Grantor
• Trustee
• Beneficiary
• Types of Trusts
• Simple trust
• Complex trust
• Inter vivos and testamentary trusts
• Revocable and irrevocable trusts
• Grantor trust
• Charitable trusts

Prerequisites

Basic knowledge of the areas of personal financial planning (PFP)

Objectives

Learning Outcomes

• Recognize the process of estate administration in accordance with a decedent's will.
• Distinguish among the various types of wills.
• Identify the type of will used with a revocable living trust.
• Recall an estate planning recommendation that addresses incapacity.
• Determine which assets are subject to ancillary probate.
• Recall when probate is required.
• Identify the estate planning strategy that ensures that a client's assets pass to the client's heirs, rather than to creditors.