The Fundamentals of Planning with Trusts (Currently Unavailable)

Author: Arthur Joseph Werner

This course provides in-depth information to enable the practitioner to make a well-informed decision as to whether or not a trust is the appropriate vehicle for a client's financial, estate, and/or asset protection plan, and, if so, how the trust can best be implemented and operated. Participants will when and why trusts should be utilized in a client's financial, estate, and asset protection plan.

Publication Date: February 2015

Designed For
CPAs, EAs, attorneys, bankers, and financial planners

Topics Covered

• The trust defined
• The "players" in a trust
• The "Three Questions" used in trust planning
• The concept of "Trust Income"
• How to use a trust to avoid probate
• The income tax considerations in trusts
• The estate tax considerations in trusts
• Marital deductions and marital and bypass trusts

Learning Objectives

• Recognize and understand when and how to implement and operate a trust in a client's financial, estate, and/or asset protection plan.

Level
Overview

Instructional Method
Self-Study

NASBA Field of Study
Taxes (2 hours)

Program Prerequisites
None

Advance Preparation
None