Course Information
Asset Protection
Course Information
| Title: | Asset Protection |
|---|---|
| Category: | Taxation |
| Field of Study: | Taxation |
| Course Code: | M307 |
| CPE Credits: | 2 |
| Price: | 19.95 |
Description
Description:
The current litigation explosion has created tremendous Interest in asset protection. Not only does this area have financial and estate aspects, but it also directly impacts tax planning. This course is designed to survey opportunities for asset protection that can arise during tax planning and to determine how to properly report such transactions.
Delivery Method: Online Interactive Self Study
Level: Overview
Prerequisites: General understanding of federal income taxation.
Advanced Preparation: None
Course Details
Category: Taxation
Field of Study: Taxation
Passing Score: 70%
Technical Details:
Objectives
Objectives:
- Identify ethical considerations and misconceptions about and the reasons for asset protection, and determine fraudulent transfers such as transactions intended hinder the collection of debt
- Recognize how the various types of entities relate to asset protection and how the various types of joint ownership of property and various trusts directly impact asset protection and tax liability.
- Determine the concepts of common law property, community property, and equitable ownership, specify asset division principles, and recognize premarital and post-nuptial agreements and how they can be used to advise clients in individual asset protection.
Profession
NASBA: Yes
QAS: Yes
CPA: Suitable for all CPAs
IRS: IRS credit for Enrolled Agents.
Profession Identifiers: CPA, Enrolled Agents