Surgent's What CPAs Should Know About Trust Instruments
Friday, January 17, 2025
Webcast or Webinar, Online
10:00AM - 12:00PM (opens at 9:30 AM) EST
2Credits
Technical Business
Registration is Open
Members
$99.00 Regular Price
Non-Members
$129.00 Regular Price
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Course Type: Webcast
Course Code: 24/SUTRIT39
Level: Intermediate
Vendor: Surgent
Field of Study: Taxes
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.Objectives:
- Understand the fundamental legal principles of trust instruments
- Utilize trust instruments to accomplish certain tax results
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
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