This course covers various aspects of estate and gift tax planning, including the probate process, an overview of basic estate planning documents, types of property interests, transfer strategies during life and at death, the use of trusts, generation-skipping transfers, charitable giving, the use of life insurance in estate planning, special elections, and other post-mortem planning strategies.
Learning Objectives
Upon completion of this course, the student will be able to:
- Identify the steps in the estate planning and probate processes
- Identify and describe the basic estate planning documents along with the advantages and limitations of each
- Compare and contrast the most common types of property titling along with the advantages and limitations of each
- Understand and apply the fundaments of the gift tax system and respective planning strategies
- Identify and classify different trust arrangements and explain the advantages and limitations of each
- Compare and contrast advanced strategies that can be used either during the life or upon death of the client
- Understand and apply the fundamentals of the generation-skipping transfer tax system and respective planning strategies
- Compare and contrast advanced charitable planning strategies along with the advantages and limitations of each
- Understand and apply the fundamentals of the estate tax and respective planning strategies, and explain the benefits of the unlimited marital deduction
- Demonstrate the advantages of using life insurance in estate planning and explain the benefits of various post-mortem planning strategies
000024
CFP<sup>®</sup>
ChFC<sup>®</sup>
CLU<sup>®</sup>
Single Course
3
1.00
Financial Planning
Insurance and Risk Management
Professional Designations & Certifications
Early Career Professional
Mid Career Professional
Yes
Yes
0000241
AL
AL
AR
AR
CA
CA
CO
CO
DE
DE
GA
GA
HI
HI
KS
KS
KY
KY
LA
LA
MA
MA
ME
ME
NC
NC
NE
NE
NH
NH
NJ
NJ
NV
NV
NY
NY
OK
OK
PA
PA
PR
PR
SC
SC
TN
TN
UT
UT
AZ
CT
IA
ID
IN
MD
MI
MN
MO
MS
MT
NM
OR
RI
SD
TX
VA
VT
WI
WV
WY
FL
IL
OH
ND
WA
28G