Select Estate and Life Planning Issues for the Middle-Income Client
Overview
Clients think that estate planning only applies to the very rich. In truth, there are many issues of critical concern for which the middle-income client needs to plan. This course is a must-attend for all Accounting and Financial Professionals who work with middle-income clients and are looking for ways to provide additional quality services. Updated for developments relative to estate tax changes.
Highlights
Changes to the lifetime estate tax exemption in light of proposed regulations SECURE 2.0 updates More than 20 documents that should be reviewed that are neither a will nor trust Provisions you need in a will Trusts and other arrangements for children Durable powers of attorney for healthcare and for financial matters Realistic retirement goals Developments relative to estate tax, and the implications for planning
Prerequisites
None
Designed For
Accounting and Financial Professionals who advise clients on estate planning
Objectives
Understand various documents used in estate planning Identify use of trusts and other financial arrangements Know what issues clients confront, and potential solutions
Preparation
None
Leader(s):
Leader Bios
Don Cochran, Nichols Patrick CPE, Inc.
Don has practiced law in both Iowa and Minnesota for over 40 years. He is currently in a solo law practice in Apple Valley, Minnesota, focusing on tax, estate planning, and small business organization and management. He was a CPA with the small and emerging business practice of then-Big 8 accounting firm Touche Ross in Bloomington, Minnesota, and he has served as the Vice President of Tax and CFO with various privately and publicly held companies. He also served as an advanced sales consultant with Securian Financial, Nationwide Financial, and Pacific Life Insurance Company's Annuity and Mutual Fund division, providing advanced planning support for financial advisors on topics of financial and estate planning for small to medium-size businesses and wealthy individuals. Don is actively involved in continuing education and other seminars for financial professionals and accountants, on topics related to tax issues for individuals and small businesses; current financial planning and asset transfer; and preparing for and living through retirement. Don is much sought after as a presenter of CPE for seminars sponsored by state societies of CPAs, CPA firms, and other providers of continuing education for financial professionals, and is a featured speaker at several national tax conferences. Don earned a Bachelor of Science in general science from the University of Iowa in Iowa City, Iowa, and graduated from the University of Iowa College of Law with his Juris Doctorate. In addition to being a licensed attorney in Minnesota and Iowa, he maintains his license as a certified public accountant. He also attained the designations of Certified Financial Planner and Certified Retirement Consultant.
Non-Member Price $234.00
Member Price $169.00