This course provides in-depth information to enable the practitioner to make a well-informed decision as to whether 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
Provider
Werner-Rocca
Course Level
Basic
Professional Area of Focus
Personal Financial Planning
Tax
CPE Field of Study
Taxes
8
Who Should Attend
CPAs, Financial Planners, and Attorneys
Instructor(s)
Anthony Rocca
Location
Loyola University Maryland Graduate Center Columbia Campus
