Surgent's What CPAs Should Know About Trust Instruments
2.00 Credits
Member Price $99
Non-Member Price $119
Overview
This is a survey course on the intergenerational transfer of property – focusing on what the CPA should know about trust instruments. It will cover a broad number of topics ranging from the fundamental legal principals necessary for the trust and estate practitioner to understand, to the ability of language in the trust instrument to accomplish a certain tax result.
Highlights
- Legal definitions & principals involving estates & trusts
- Basic principles regarding property ownership
- Types of trusts commonly used
- Trust accounting fundamentals
- Certain clauses that are important to understand
- Formula valuation clauses
- Requirements for a trust to be a qualified designated beneficiary of an IRA
- Using IRD to fund charitable bequests
Prerequisites
A foundation in estate and gift tax and a working knowledge of estate and trust income taxation
Designed For
CPAS and trust and estate practitioners
Objectives
- Understand the fundamental legal principles of trust instruments
- Utilize trust instruments to accomplish certain tax results
Preparation
None
Leader(s):
Leader Bios
Robert Keebler, Surgent McCoy CPE, LLC
Robert S. Keebler, CPA/PFS, MST, AEP (Distinguished), CGMA is a partner with Keebler & Associates, LLP and is a 2007 recipient of the prestigious Accredited Estate Planners (Distinguished) award from the National Association of Estate Planners & Councils. His practice includes family wealth transfer and preservation planning, charitable giving, retirement distribution planning, and estate administration. He is the author of over 100 articles and columns and is the editor, author or co-author of many books and treatises on wealth transfer and taxation.
Non-Member Price $119
Member Price $99