Knowing the basics of advanced estate planning strategies is essential in advising clients with significant wealth and seek assistance in developing succession plans to address individual needs. Review transfer and income tax laws, plus available strategies to minimize taxes.
Also, discuss the basic structure of advanced strategies, provisions in the governing document that authorize and regulate these strategies, modeling and tracking spreadsheets and software options. To illustrate the concepts discussed, experience a live demonstration of financial planning software, run modeling exercises and review examples of sophisticated estate and business planning scenarios.
Formerly titled: Business & Wealth Succession Planning
PICPA Member: $245
Nonmember: $345
Course No. 4192323B
Level: Intermediate
Prerequisites: An understanding of the basics of transfer and succession planning.