Courses

Surgent's Advanced Trust Issues (TRST)

Registration Closed

Member Price: $0.00 Non-Member Price: $0.00

Date/Time:: Nov 18, 2019, 1:30pm–5:00pm
Developer:: SURGENT MCCOY SELF-STUDY CPE, LLC
Level:: Intermediate

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; what language should the trusts include; and how can the client be best protected.

Objective

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

Highlights

Key concepts of trusts, including recent trends; best practices; jurisdiction; and ways to avoid pitfalls
Changing a trust
Federal estate tax exemption
Discussion of federal and state estate taxes
The role of family dynamics
Choice of trustee and other fiduciaries — a word on institutional representatives
Pet trusts — the emerging necessities
State, county, and local issues
Portability
QTIP issues
Creditor considerations
Potential IRA problems

Designed For

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

Prerequisite

Basic knowledge of trusts

Advanced Preparation

None