This course provides in-depth information to enable the practitioner to
make a well-informed decision as to whether or not a trust is the
appropriate vehicle for a client’s financial, estate, and/or asset
protection plan, and, if so, how the trust can best be implemented and
operated. Participants will learn about the many different types of
trusts that can be harnessed to save clients income, estate,
generation-skipping, and other taxes, at both the federal and state
level.
Learning Objectives
To provide a practical understanding of when and how to implement and
operate a trust in a client's financial, estate, and/or asset protection
plan
Major Topics
The role of the trustee and how to avoid problems
How to use trusts
to avoid probate
How revocable living trusts are affected by income,
gift, and estate taxes
How an irrevocable trust can be the center of an
estate plan
Advantages of an irrevocable life insurance trust
How to
create a dynasty trust
Why a GRIT, GRAT, GRUT, or QPRT can be a good
estate planning tool
Trust options to provide security for older
clients
Advantages, tax consequences, and limits on charitable
contributions and private foundations
Charitable remainder and
charitable lead trust issues
