August 10, 2022 12:30pm – 4:00pm Map & Directions 602-252-4144

Webcast: Advanced Trust Issues: A Roadmap for Success in An Increasingly Complex Area (12:30-4)

Description

Trusts are not cookie-cutter documents. In fact, they can be rather unwieldy, especially in explaining the functions to a client and then having the client comply with the trust terms. This course delves into best practices. Given common scenarios, what are the best trusts to use? And how can the client be best protected?

Location

ASCPA Live Online Webcast
Phoenix, AZ 85034-6617

Registration Time

12:00pm

Fees

Member:
$160
Non-CPA Staff:
$210
Non-CPA Staff (100% club):
$160
Non-CPA Staff (sole proprietor):
$160
Non-Member:
$210
Webcast
Taxation
4

Objectives

  • Advise individual clients on the benefits of using a trust to achieve their personal goals.
  • Save clients money in their estate planning.

Course Level

Advanced

Vendor

Surgent McCoy CPE, LLC More With This Vendor

Designed For

Tax practitioners who advise clients on the benefits of establishing a trust.

Prerequisites

A basic understanding of simple trusts.

Event Leaders

Kilroy, John M.

Rating: 4.58


John Kilroy is a managing member of iValue Financial Planning LLC, located in the Philadelphia, Pennsylvania area. Kilroy engages clients in financial and tax planning, as well as preparing tax returns for individuals, corporations, partnerships, estates and trusts. Kilroy is a CPA and a CFP® practitioner. He is a 1979 graduate of Villanova University with a BS in Accounting. Kilroy is a member of the Pennsylvania Institute of Certified Public Accountants and the Financial Planning Association (FPA). Within the FPA, Kilroy has served as a board member of the Philadelphia Tri-State chapter and on its education and finance committees. Kilroy is an adjunct faculty member for the Temple University Certificate of Financial Planning Program. He is a frequent speaker and facilitator on tax and financial planning topics. John has been quoted in the Wall Street Journal, MarketWatch.com and USATODAY.com. He has written for the Journal of Financial Planning, and is a contributor to Retirement Weekly. Kilroy has also discussed financial and tax planning issues on various radio outlets.


More With Kilroy, John M.

Highlights

  • Key concepts of trusts, including recent trends; best practices; jurisdiction; and ways to avoid pitfalls.
  • Decanting.
  • Federal estate tax exemption and remaining relevance of trusts.
  • Irrevocable life insurance trusts.
  • The role of family dynamics.
  • Choice of trustee and other fiduciaries.
  • State trust-friendly considerations.
  • Charitable trusts.
  • Delaware Statutory Trusts.
  • Powers of attorney.
  • Pet Trusts - the emerging necessities.
  • State, county and local issues.
  • Portability.
  • QTIP issues.
  • Creditor considerations.
  • Potential IRA problems.
  • Problems with re-titling assets.

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