- NY Credits : 2.0
- TX Credits : 2.0
- IRS Enrolled Agent Credits : Federal Tax/Tax Related Matters - 2.0
Practical Asset Protection Strategies for Older Clients - Estate and Income Tax Planning
This program is intended to increase the awareness of tax practitioners of the asset protection planning problems faced by older clients as they relate to estate and income taxes. It will introduce estate and income tax planning techniques effective in the development of solutions to such problems. CPA practitioners may leverage this course material into ways that they can develop unique, value-added services for older clients and their families based on their existing tax and financial knowledge. This course has been updated for impacts from the Tax Cuts and Jobs Act. This course is most beneficial to professionals new to estate planning who may be at the staff or entry level in organization but also for a seasoned professional with limited exposure to estate planning.
Upon successful completion of this course, the user should be able to:
identify asset protection opportunities using basic trust, gift, estate, and income tax strategies;
prioritize the steps necessary in the administration of an estate; and
recognize the implications of fraudulent conveyances.