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 CPAs who work with middle-income clients and are looking for ways to provide additional quality services.
This course features a live instructor and has been specifically designed for the NJCPA.
CPAs who advise clients on estate planning.
- Understand estate-planning issues unrelated to federal tax planning
- Inventory the documents relevant to estate preservation
- Understand methods of providing for children and the spouse
- The SECURE Act, including IRA and RMD changes
- More than 20 documents that should be reviewed that are neither a will nor trust
- Applicable rates, and tactics that may be used to minimize them
- Reducing the impact of ancillary administration
- Provisions you need in a will
- When a trust is needed for children
- Durable powers of attorney, for financial matters and for healthcare
- Asset protection strategies: upsides and downsides
- Management of insurance: umbrella liability, disability, and life
- Dealing with marriage and divorce
- Titling assets effectively
- Avoiding the loss of capital and passive losses at death
- The latest information on the portability of the deceased spouse’s unused exemption amount
- Developments relative to estate tax, and the implications for planning
- This seminar qualifies for CFP credit.
Course materials are distributed electronically. To access the materials visit My Events. Download to your laptop or tablet prior to the seminar, handouts are added as received.