On-Demand
Top 10 Things to Know About Estate Taxation & Planning 2024-25
CPE: 8
Overview
Clients believe that estate planning is only for the wealthy. This isn't the case. Perhaps as a result of the 2020 pandemic, estate planning has a renewed focus. All practitioners should be familiar with the vernacular, acronyms and techniques. Estate planning involves personal issues that affect everyone, even when the estate tax doesn't apply. Learn strategies to pass assets to future generations; provide education benefits; distribute retirement benefits, and provide a charitable legacy.
Product Code
1000003552
Credit Type
CPE: 8CFP: 8CPE-Technical: 8Format
Online Self-Study
Intended Audience
CPAs, financial planners and tax preparers.
NASBA Field of Study
Taxes
Level of Difficulty
Intermediate
Prerequisites
General knowledge of individual income tax planning and issues.
Advance Preparation
None.
Learning Objectives
Major Subjects
- The Numbers: Exemptions, exclusions and discounts
- Portability and step-up in basis
- Asset valuation
- Deductions: Marital, charitable, transmission and administration
- Retirement plan assets, annuities and life insurance
- Trust funding and administration
Faculty
Mary Kay Ann Foss
Mary Kay Foss CPA is a frequent lecturer for community, professional and business groups. She has authored and presented courses for tax professionals throughout California. She has over thirty years of practical experience in advising clients about retirement, income and estate planning issues. Ms. Foss currently serves on the AICPA Individual Self-Employed Technical Resource Panel and is a past chair of the AICPA Trust Estate and Gift Tax Te...
More about Mary Kay Ann Foss