Advanced Estate Planning Strategies

Overview

Advanced estate planning strategies employ the use of family entities, including family limited partnerships, family limited liability corporations, and family offices. To be effective in advanced estate planning, you must have an awareness and knowledge of these strategies, as well as the accompanying law and regulations.

Updated for the Tax Cuts and Jobs Act (TCJA) of 2017, this CPE course covers advanced estate planning strategies and the various types of generational skipping transfers, so you can provide reasoned recommendations to your clients.

Highlights

Advanced estate planning strategies Generation-skipping transfer tax

Designed For

CPAs and financial planners with basic knowledge of personal financial planning, and an interest in estate planning.

Objectives

Recall the benefits of family entities. Identify the party that receives asset protection through a family limited partnership. Identify the basis for a remainder beneficiary of a GRAT. Recall the technique used by a senior generation of a family to gift property to a younger generation. Recognize the effect a term of years has on the valuation of a taxable gift to a QPRT. Distinguish among the various types of generation skipping taxable transfers. Calculate the inclusion ratio for a generation-skipping transfer.

Notice

Voiceover Powerpoint, Audio