October 20, 2021 10:00am – 12:00pm Map & Directions 602-252-4144

Webcast: Trusts as Retirement Plan Beneficiaries

Online registrations are currently closed, please call (602) 324-6847 for additional registration options

Description

Trusts are often named as beneficiaries for IRAs and other retirement arrangements. The choice has an impact on both income tax and estate planning. Trusts allow the IRA owner or plan participant to have beyond-the-grave control over the distribution payouts but the 2019 SECURE Act changed the rules necessitating a thorough review. Note: This class presents an in-depth discussion of issues presented in the instructor's class Retirement Distributions: Planning Options .

Location

ASCPA Live Online Webcast
Phoenix, AZ 85034-6617

Registration Time

9:30am

Fees

Member:
$75
Non-CPA Staff:
$101
Non-CPA Staff (100% club):
$75
Non-CPA Staff (sole proprietor):
$75
Non-Member:
$101
Webcast
Specialized Knowledge
2

Objectives

  • Recognize reasons trusts are named as beneficiaries
  • Identify the types of trusts used and their tax characteristics.
  • Determine how the probate code affects beneficiary trusts.
  • Develop strategies to assist clients dealing with plan custodians.

Course Level

Advanced

Vendor

CalCPA Education Foundation More With This Vendor

Designed For

CPAs, attorneys and financial professionals.

Prerequisites

Working knowledge of estate issues and retirement plans preferred.

Highlights

  • What is the significance of the Retirement Plan Beneficiary?
  • Primary vs. Contingent Beneficiaries
  • Is a Trust a "Designated Beneficiary?" Is it an "Eligible Designated Beneficiary?"
  • Why do people want to name a trust as the beneficiary?
  • Income Tax Aspects of Trusts as beneficiary
  • What happens when the trust beneficiary dies?

Notes

Manager/Senior Manager; Director; Executive/VP; Sole Practitioner

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