January 31, 2022 9:00am – 4:30pm Map & Directions 602-252-4144

Webcast: Everything You Need to Know About Trusts

Description

An overview of trust laws and a review of general concepts. Common structures and progress for reviewing more advanced trust planning issues. Extensive coverage of the use of trust protectors. Master advanced techniques related to income, gift and estate tax planning using trusts; succession planning; trust administration; special needs planning; and asset protection use of most common trusts. Discussion covering various trusts and portability versus A-B and A-B-C trusts.

Location

ASCPA Live Online Webcast
Phoenix, AZ 85034-6617

Registration Time

8:30am

Fees

Member:
$300
Non-CPA Staff:
$400
Non-CPA Staff (100% club):
$300
Non-CPA Staff (sole proprietor):
$300
Non-Member:
$400
Webcast
Taxation
8

Objectives

  • Identify income tax, gift tax and estate tax aspects of various types of trusts.
  • Determine requirements for a valid trust, selecting trustees, trustee discretion, distribution clauses and probate avoidance.
  • Recognize how to avoid Proposition 13 reassessment.
  • Recall estate planning and asset protection planning uses of different trusts.
  • Identify advanced tax, estate, succession, retirement, special needs and asset protection planning using trusts.
  • Recognize common obstacles and pitfalls, such as selection of trustee and property tax reassessment, and how to plan around them.

Course Level

Intermediate

Vendor

CalCPA Education Foundation More With This Vendor

Designed For

CPAs, attorneys and financial planners.

Prerequisites

General knowledge of income, estate and gift taxes.

Highlights

  • Trust obstacles and pitfalls
  • Revoking irrevocable trusts
  • Trust protectors
  • Succession planning, retirement planning and estate planning through trusts
  • Special needs and Medi-Cal/Medicare planning
  • Tax planning with trusts, including, GRATs, QPRTs, IDGTs, etc.
  • Planning with A-B and A-B-C (QTIP) trusts
  • Asset protection through domestic and foreign trusts

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