Vermont Society of Certified Public Accountants
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Courses
Surgent's What CPAs Should Know About Trust Instruments (TRIT)
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Member Price:
$0.00
Non-Member Price:
$0.00
- Date/Time:
- Jan 28, 2019, 10:00am–12:00pm
- Developer:
- SURGENT MCCOY SELF-STUDY CPE, LLC
- Level:
- Intermediate
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.
Objective
- Understand the fundamental legal principles of trust instruments
- Utilize trust instruments to accomplish certain tax results
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
Designed For
CPAS and trust and estate practitioners
Prerequisite
None
Advanced Preparation
None