Description
Clients think that estate planning only applies to the very rich. In truth, there are many issues of critical concern for which the middle-income client needs to plan. This course is a must-attend for all CPAs who work with middle-income clients and are looking for ways to provide additional quality services. Continually updated with the latest guidance.
Highlights
- Major provisions of the Biden administration's proposed "American Families Plan"
- The SECURE Act, including IRA and RMD changes
- Other major SECURE Act provisions, such as expansion of Section 529 plans and 401(k) access to part-time workers
- The CARES Act section 72(t) 10% early withdrawal penalty waiver
- The CARES Act temporary waiver of RMD rules
- Major provisions of the proposed Securing a Strong Retirement Act of 2020 (The "SECURE Act 2.0")
- More than 20 documents that should be reviewed that are neither a will nor trust
- Applicable rates, and tactics that may be used to minimize them
- Reducing the impact of ancillary administration
- Provisions you need in a will
- When a trust is needed for children
- Durable powers of attorney, for financial matters and for healthcare
- Realistic retirement goals
- Management of insurance: liability, disability, and life
- Dealing with marriage and divorce
- Titling assets effectively
- Developments relative to estate tax, and the implications for planning
Objectives
- Understand estate planning issues unrelated to federal tax planning
- Inventory the documents relevant to estate preservation
- Understand methods of providing for children and the spouse
Designed For
CPAs who advise clients on estate tax planning
Registration for this course has passed.
Course Pricing
WYOCPA Member Fee
$159.00
Non-Member Fee
$207.00
Your Price
$207.00
Upcoming Courses
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Communicating Financial Information to Non-Accountants
April 24, 2024
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Audit 501: Personality Styles - Improving Your Interactions
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Understanding and Creating an Internal Control System
April 24, 2024
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