Estate Planning

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Course Description:

There is a widespread misconception that "estate planning" is of importance only to the wealthy. The truth of the matter is, every person, young or old, who has a family or owns property, needs an estate plan. A good estate plan will allow a person to reach desired economic, legal, and personal objectives. Estate Planning is an educational tool to help financial advisors through the maze of programs, rules and regulations that affect many if not all of their clients, their spouses and dependents.

Learning Objectives

Upon completion of this course the student will be able to:

  • Illustrate the need, objectives and steps necessary for effective estate planning
  • Distinguish real and personal property
  • Apply the rules of ownership and transfer of property
  • Define the probate process
  • Assist with types of will preparation
  • Introduce the need for power of attorney and living will
  • Recognize the history of and changes effecting the Federal Estate Tax
  • Calculate estate and gift taxes on the federal and state levels
  • Implement Generation-Skipping Transfer Tax
  • Select and apply appropriate Trust strategies
  • Assist in creation of Family Limited Partnerships
  • Utilize techniques in asset sales and protection
  • Determine appropriate action for Non-U.S. citizens
  • Define and apply use of charitable giving

CIMA/CPWA Credit Hours: 10

Course Details

Credit Hours





Last Updated:  January 2020
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