Hot Topics in Estate Planning

Date: Saturday, May 18, 2024
Instructor: Owen G. Fiore
Begin Time:  9:00am Pacific Time
10:00am Mountain Time
11:00am Central Time
12:00pm Eastern Time
CPE Credit:  4 hours for CPAs
4 hours Estate Planning for CFP

This webcast reviews proposed and recently enacted tax legislation, recent court decisions, IRS rulings and regulations, all in the context of the impact thereof on estate planning (family wealth preservation). In addition, cutting edge estate planning techniques, valuation planning to reduce estate tax liabilities, and non-tax issues in estate planning will be reviewed and practical applications thereof will be emphasized.

Based on author-instructor Owen Fiore’s over 40 years of advising clients in estate planning, practical solutions to estate planning problems and the avoidance of common mistakes in such planning will be considered, giving the CPA and other financial advisors a basis for reviewing existing plans and recommending improvements thereto.

Who Should Attend
CPAs and other financial advisors

Topics Covered

  • Standards of tax practice
  • IRS compliance focus
  • Penalties and estate planning pitfalls
  • Uses of marital and non-marital trusts
  • Fixed dollar value formula clauses
  • Insurance trusts, QPRTs, GRATs and grantor trusts
  • Effective uses of multiple entities in planning

Learning Objectives

  • Recognize how new tax proposals, legislation, rulings and court decisions impact the wealth preservation plan for the client and how to react effectively to indicated changes
  • Describe the role of new developments, IRS compliance efforts and tax preparation responsibilities in developing and then managing an estate plan – including the need for flexibility, proper documentation and effective communication
  • Translate tax savings techniques into practical action and planning that is understandable to the client and other advisors
  • Interpret planning alternatives and relate same to the client’s specific factual and financial situation in order to maximize wealth and insure its proper succession within the family
  • Demonstrate and be able to illustrate how tax and estate planning techniques and various entities contribute to wealth preservation and realization of family goals
  • Summarize wealth preservation plans in a manner that can be comprehended by the client in order to facilitate the client’s prudent decision-making process for an integrated plan

Level
Intermediate

Instructional Method
Group: Internet-based

NASBA Field of Study
Taxes (4 hours)

Program Prerequisites
None

Advance Preparation
None

Registration Options
Individual In-person Group
*Note: 3 or more qualifies for discounted Group Participant Fee
Fees
Regular Fee $99.00
Group Participant Fee $79.00

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