Webinar

What CPAs Should Know About Trust Instruments

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.

Objectives

  • 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

Additional Information

Designed For

CPAS and trust and estate practitioners

Vendor

Surgent

Advanced Preparation

None

Credits

2.00 Taxes

Prerequisite

None

Course Number

2123848

Level of Knowledge

Intermediate

Add to Cart

View All Courses