Settling Client Estates

Course Information

Title:	Settling Client Estates
Category:	Taxation
Field of Study:	Taxes
Course Code:	M311
CPE Credits:	10.0
Price:	69.95

Description

Description:

Many issues are involved in settling estates and administering trusts. While federal estate and gift taxes currently affect few taxpayers, clients who are beneficiaries of estates and trusts often turn to their financial advisors for a real-world explanation of the administrative process and its effect on their interests. After taking this course, practitioners will feel more confident to serve in a fiduciary capacity, cutting through the jargon to advise and communicate with clients on legal concepts.

Delivery Method: Online Interactive Self Study

Level: Overview

Prerequisites: None

Advanced Preparation: None

Course Details

Category: Taxation

Field of Study: Taxes

Passing Score: 70%

Technical Details: Taxation is a technical field of study for all states.

For More Detail:

If you are unable to view PDF then right click the mouse and click save link as

Objectives

Objectives:

Be aware of the duties a fiduciary and members of the estate planning team owe to creditors, beneficiaries, and the courts
Identify trusts, wills, and other documents encountered & their uses
Understand the stages of an estate administration including costs, collections, payment of debts/taxes, & distribution to beneficiaries
Understand how creditors’ claims impact a beneficiary’s claims
Understand the key provisions in a will or trust
Understand the duties of an executor or trustee in relation to beneficiaries and other third parties

For More Objectives:

If you are unable to view PDF then right click the mouse and click save link as

Profession

NASBA: Yes

QAS: Yes

CPA: Suitable for all CPAs

IRS: IRS credit for Enrolled Agents

Profession Identifiers: CPA, EA