Estate Planning Fundamentals for Small and Mid-Sized Estates
Author: Spidell Publishing, LLC
Electronic version only
The course describes the differences in estates including planning opportunities to reduce or even eliminate estate taxes and explores intestacy laws; considerations for the care of minor children; applicability of a durable power of attorney and living wills, and planning for the elderly client. The use of the marital deduction and the applicable credit amount is addressed to minimize or eliminate the estate tax. Discussion of the portability election available to an executor of a decedent is discussed along with advantages and disadvantages of relying on the election.
With this four-hour course, you will:
- Get a 57-page PDF document
- Identify the reasons for estate planning
- Determine strategies for planning the small estate for both young and elderly couples
- Identify planning strategies for the midsized estate
- Determine advantages of inter vivos transfers
- Recognize the planning alternatives available for gifts to minors via inter vivos transfers
- Identify life insurance and other death benefits
| Designation | CPE Hours |
|---|---|
| CPA | 4 Taxes |
| EA | 4 Federal Tax |
| CRTP (CTEC) | 4 Federal Tax |
| Attorney | 3.25 General MCLE/Tax Specialization |
Course level: Intermediate
A familiarization with estate planning.
Want to order by phone? Call us at: (800) 277-2257
This self-study is designed to meet the requirements for the specified number of hours of continuing education. This self-study has been designed to meet the requirements of the IRS Return Preparer Office; including sections 10.6 and 10.9 of Department of Treasury’s Circular No. 230 (Provider No. CRA7E); the California State Board of Accountancy; the California Bar Association; and the California Tax Education Council. This does not constitute an endorsement by these groups. The state boards of accountancy have final authority on the acceptance of individual courses for CPE credit. For more information regarding administrative policies such as complaints or refunds, contact Spidell Publishing at (800) 277-2257. Spidell Publishing, LLC has been approved by the California Tax Education Council to offer continuing education courses that count as credit towards the annual “continuing education” requirement imposed by the State of California for CTEC Registered Tax Preparers. A listing of additional requirements to renew tax preparer registration may be obtained by contacting CTEC at P.O. Box 2890, Sacramento, CA 95812-2890, or by phone at 877-850-2832, or on the internet at www.CTEC.org.
Spidell Publishing, LLC 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 the final authority on the acceptance of individual course for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.nasbaregistry.org. This self-study is designed to meet the requirements for 4 hours of continuing education for the California Board of Accountancy. Level: Intermediate. Field of Study: Taxes. Delivery Method: Self-Study. For more information regarding administrative policies, such as complaints or refunds, contact Spidell Publishing at (800) 277-2257. General understanding of federal income taxation is required.
