Description
Federal estate and gift taxes currently affect few clients, but there are many other issues involved in settling an estate or administering a trust. Clients who are beneficiaries of a trust or estate often turn to their financial advisors to understand the administrative process and its effect on their interests. This course enables the accountant to cut through the jargon to understand the legal concepts, communicate a real-world explanation to clients, and serve, in some instances, as an advisor to them. After taking this course, practitioners will feel more confident to serve in a fiduciary capacity. Updated for developments relative to estate taxation.
Required Knowledge: None
Advanced Preparation: None
Who Should Attend: Accounting and Financial Professionals who wish to assist in settlement of an estate, regardless of size
Objective
* Understand how creditors’ claims impact a beneficiary’s claims * Understand the key provisions in a will or trust * Understand the duties of an executor or trustee in relation to beneficiaries and other third parties * Identify trusts, wills, and other documents encountered, and their uses * Understand the stages of an estate administration including costs, collections, payment of debts/taxes, and distribution to beneficiaries * Be aware of the duties a fiduciary and members of the estate-planning team owe to creditors, beneficiaries, and the courts
Credit Types
- Taxes: 8
Event Speaker(s)
- Enrolled Agent
Registration Fees
| Registration | Type | Price |
|---|---|---|
| Surgent: Live Online (8 hours) | Members | $295.00 |
| Surgent: Live Online (8 hours) | Non Members | $500.00 |
The North Carolina Association of Certified Public Accountants is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.nasbaregistry.org/.For information regarding refund, complaint, program cancellation or other policies, visit our Registration Policies page or call 800-469-1352.