CPE Online Course Detail


Estate Planning Business Issues

Price :   $19.95
CPE Credits :   2.0
Course Code :   T011-0138
Category :   Taxation
  

Description:
Practitioners are brought up-to-date information on tax issues affecting estate planning and business issues. A major emphasis of this mini-course is practical estate planning solutions that are cost effective. Devised to reduce or eliminate estate problems and death taxes, this comprehensive guide examines wills, trusts, gifts, insurance, private annuities, and other general estate planning tools. The planning issues and problems that arise from owning a business interest are also addressed.


Delivery Method: Online Self Study


Level: Overview


Prerequisites: None


Advanced Preparation: None


Policies: Click here


Author: Danny Santucci


Category: Taxation


Field of Study: NA


Passing Score: 70%


Publication Date: 01/01/2016


For More Detail: Click here



Objectives:
1. Identify the unlimited marital deduction noting its effect on the gross estate evaluation and the impact of stepped-up basis as they affect survivors and heirs, and recognize the benefits of establishing even a simple will and its control over certain assets.
2. Specify the primary ways to dispose of assets using trusts and annuities including the importance of family documents to manage assets.
3. Recognize the starting point used to value a business's tangible as-sets, cite the R.R. 59-60 business valuation factors and the steps in R.R. 68-609's valuation formula for intangible assets and goodwill noting the effect of both rulings on the total value of a business, determine the adjustment caused by minority interests in a closely held business and their impact on final evaluation.
4. Identify ways to dispose of a business interest before death to family members while avoiding the provisions of the constructive ownership rules.
5. Recognize deferred compensation agreements as a valuable estate planning tool and identify when to recommend the option of paying federal estate taxes in installments indicating the basis of the election and its eligibility requirements.


For More Objectives: Click here


NASBA: Yes


QAS: Yes


CPA: Suitable for all CPAs


IRS: Enrolled Agents Program Number 263UK-T-00114-14-S




© 2016 MasterCPE LLC
7683 SE 27th St., #216
Mercer Island, WA 98040
    

MasterCPE

Continuing Education for Smart Professionals