Integrating Estate Planning With the Tax and Financial Plan

Overview

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

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.

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

Incapacity planning
Guardianship
Conservatorship
Postmortem estate planning
Powers of attorney
Advanced medical directives
Trusts
Other estate planning considerations

Prerequisites

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

Objectives

Learning Outcomes

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.