What CPAs Should Know About Trust Instruments (TRIT)

Overview

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.

Major Topics:

  • 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

Learning Objectives

  • Understand the fundamental legal principles of trust instruments
  • Utilize trust instruments to accomplish certain tax results

Designed for:

CPAS and trust and estate practitioners

Prerequisite:

None

Advanced Preparation:

None

 

Contact Allen [akinkle@ksdt-cpa.com] for login credentials

Date

Dec 21 2020
Expired!

Time

1:00 pm - 3:00 pm

More Info

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Labels

Tax

Location

Surgent CPE Webinars
Category
Surgent CPE Webinars

Organizer

Surgent CPE Webinars
Email
akinkle@ksdt-cpa.com
Website
http://www.surgentcpe.com
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