Surgent's The Complete Trust Workshop - Download

Overview

The use of trusts will continue to undergo changes in the current year. Clients need to be informed why planning is essential in these changing times. The purpose of this course is to explore the many beneficial issues of trusts, an essential element in estate planning. This course gives insights and practical pointers concerning trusts of every shape and size after tax reform. Clients will be eager to review their estate plans in light of recent and proposed legislation.

Highlights

Timely coverage of breaking tax legislation
Guide to legislative changes and their impact on trust planning
Introduction to trusts with emphasis on typical provisions
Revocable living trusts
Common testamentary trust arrangements -- Bypass trusts, QTIP trusts, and other marital trusts
Asset protection trusts
Sophisticated trusts for estate planning and asset transfer -- GRATs, GRUTs, and QPRTs
Charitable trusts -- Charitable remainder trusts, charitable lead trusts, and pooled income funds
Irrevocable life insurance trusts
Medicaid trusts: special needs and Miller
Trusts for minors -- Sections 2503(b) and 2503(c), and other trusts
Dynasty trusts
Section 461(l) as applied to trusts and estates
Trusts to hold S corporation stock
Special problems of estates and trusts relating to the 3.8-percent tax on investment income and specific solutions

Prerequisites

A basic course in estate and gift tax and a basic course on estate and trust income taxation

Designed For

Accounting and Financial Professionals who wish to have a complete understanding of the various uses of trusts

Objectives

Identify the areas of trusts in connection with disability, charity, life insurance, leveraging gifts, principal residences, and minors
Understand the role played by a marital deduction trust and a credit shelter bypass trust
Explain how trusts may protect assets and perpetuate family wealth over multiple generations