Elder and Special Needs Planning

Overview

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

The SECURE Act is the first major legislation to revamp retirement plans in over a decade. The provisions and planning strategies to help your clients avoid unintended tax consequences on their estate and retirement plans have been implemented into this learning program.

Are you ready to help your clients set realistic expectations and goals? In this four-part narrated PowerPoint presentation, Tom Tillery will examine professional environment and non-financial factors, financial decisions, taxation and income tax planning and integration with other areas of PFP.

Society has been called upon to care for the widow, the orphan, and the chronically ill. In this narrated PowerPoint presentation, Tom Tillery discusses the role of the personal financial planner with respect to this demographic-to act as the fulcrum, multiplying, focusing and coordinating the efforts of the myriad advisers providing services to the elderly, chronically ill and those with special needs.

This course will address the professional environment within which the personal financial planner provides services, and financial and non-financial factors including types of care, communication with cognitively or physically impaired clients, family dynamics and life planning.

To apply personal financial planning resources effectively, the personal financial planner must become familiar with the regulatory landscape, as well as the variety of other professional disciplines that have evolved to provide care to this group. The course also covers housing options, Medicare and Medicaid issues, as well as tax planning opportunities for the elderly, chronically ill and those with special needs.

Note: This course has been updated for the Tax Cuts and Jobs Act ("Tax Reform").

Moderator, Tom Tillery Thomas Neal Tillery, CFPr, AEPr, CLUr, ChFCr, CRPCr, LUTCF is Vice President and Chief Compliance Officer of Parakleter Financial, Inc. Parakleter provides integrated fee-for-service financial planning without asset management or product sales.

Notice: Although you may take the courses in this Certificate program in any order, this is the 6th course in the Retirement Certificate series. If you've already taken the other five, when you complete this course, you will have completed the entire course of study for this Certificate, and will be eligible to take the Retirement Certificate exam.

Upon passing the exam, you will receive your Retirement Certificate! If you have not completed the other courses, you may want to consider complementing this course with other topics offered in the Certificate course of study.

Enhanced On-Demand Format

This on-demand format utilizes a slide deck format, enhanced with narration and interactive exercises that are designed to increase the level of engagement and hands-on application. Drag and drop exercises, case studies, and interactive diagrams are some examples of the interactive exercises that are used to supplement traditional instruction in this learning experience.

Highlights

Key Topics

• Professional Environment and Non-Financial Factors
• Financial Decisions, Taxation and Income Tax Planning
• Integration with Other Areas of PFP, including: Estate Planning, Charitable Planning, Investment Planning, Risk-Management and Insurance, and Retirement Planning

Prerequisites

None

Designed For

Who Will Benefit

• CPAs and financial planners with basic knowledge of, and interest in, personal financial planning

Objectives

Learning Outcomes

• In this course, you will learn to do the following:
• Identify who is considered a fiduciary under the Investment Advisers Act of 1940.
• Differentiate among the types of care available to the chronically ill, elderly, or those with special needs.
• Distinguish between incapacity and incompetency
• Identify the primary dispositive estate documents.