Estate Planning Certificate: Integrating Estate Planning With the Tax and Financial Plan

Description

This CPE course can be purchased individually or as part of the Estate Planning Certificate Program and Exam Bundle. Click here to learn more.

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 are somewhat unique in that both estate and income tax may be due at death. However, these accounts create a forum for personal financial planners to provide valuable planning opportunities to their clients. 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, which provides numerous personal financial planning opportunities.

As a personal financial planner, you should have broad familiarity with concepts such as income in respect of a decedent (IRD), retirement plans, and net unrealized appreciation. This course considers planning for these elements, which mandate the use of outside advisers, so you can work with multiple advisers in achieving the client’s estate plan. When you are comfortable working, planning, and providing services to clients with other professionals, the collaboration of advisers provides additional avenues of wisdom and service fulfilment that are not possible when working without this other group of advisers.

Learning Objectives
  • Recall the income tax treatment for estate taxes paid, attributable to income in respect of a decedent
  • Recognize the planning recommendation that provides creditor protection for an inherited IRA
  • Identify the IRS form used to report amounts earned, but unpaid, at an employee’s death
  • Determine how the sale of certain employer stock is treated for tax purposes
  • Recall the net unrealized appreciation tax strategy
  • Recognize a third‐party gift of a life insurance contract
  • Identify the taxation of withdrawals from a life insurance contract
Major Topics
  •  Income in respect of a decedent
  • Traditional retirement assets
  • Royalties
  • Equity compensation
  • Annuities
  • Roth IRAs
  • Risk management
  • Retirement and financial independence planning
  • Elder, special needs, and terminal illness planning
  • Charitable planning
Provider
AICPA
Course Level
Intermediate
Professional Area of Focus
Personal Financial Planning
CPE Field of Study
Specialized Knowledge
2.0
Who Should Attend

CPAs and financial planners with basic knowledge of personal financial planning, and an interest in estate planning.

Prerequisites
  • Basic knowledge of personal financial planning, and an interest in estate planning.
Advanced Preparation
  • None
Location
Online
Event Information
When
Available 24/7
Location
Online
Total CPE Credits
2.0
Format
On-Demand

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$ (% off)
$79.00

NON-MEMBER


$ (% off)
$99.00
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Estate Planning Certificate: Integrating Estate Planning With the Tax and Financial Plan


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