"One of the best CPE workshops I've ever taken! Material handed out is a great resource."
- Tony Romo, CPA - J. Paul Getty Trust
The topics covered are a major hotbed of liability for tax practitioners. Learn about your exposure and what to avoid.
Now more than ever, practitioners are called upon to provide after-death services for clients. The surge in wealth of our upper-bracket clients during the last decade has resulted in an increasing demand for estate and trust services.
The focus in this class is what to do after a client deceases.
- Living trust basics,
- Fiduciary income tax returns (1041) and
- How to split the living trust into the after-death trusts.
This course will guide attendees through the maze of after-death requirements including key 1041 elections and pitfalls to avoid. You will learn about the interaction between various forms and the best place to take various deductions.
Discussions include what to look for in the trust instrument and how the trust wording will impact tax preparation and funding. Also, the seminar will address key considerations in funding A/B trusts and the California Trust laws (probate code), which impact the Funding process.
Comprehensive, detailed examples with actual completed forms will be reviewed in the course along with sample A/B trust funding documents.
Dates & Locations
