$49.00
Webcasts are available for viewing Monday – Saturday, 8am – 8pm ET.
Without FlexCast, you must start with enough time to finish. (1 Hr/Credit)
Secure Transaction CPE Credits
1 Credits: Taxes
Course Level
Basic
Format
Webcast
Course Description
This course was recorded live at the 2023 New Money Summit.
Everyone is selling trusts now, but should your clients be buying? In this session we’ll discuss some common types of trusts with some real-life examples about how they can go wrong. We’ll also discuss trusts your clients may be hearing about from financial advisors and insurance agents. And finally we’ll discuss what your role is in setting up and maintaining trusts as a tax professional. Before you advise clients to set up a trust, join me to hear horror stories and best practices.
Learning Objectives
Upon completion of this course, participants will be able to:
- Understand a variety of trust structures and how clients can use them in their planning
- Understand your role in the life-cycle of a trust
- Spot planning areas that might cause issues in the future
- Address questions about common marketed trust structures
Course Specifics
WC1823358917
January 25, 2024
None
None
Compliance Information
IRS Provider Number: 0MYXB
IRS Course Number: 0MYXB-T-02425-24-O
IRS Federal Tax Law Credits: 1
CFP Provider Number: 3199
CFP Course Number: 322358
CFP Credits: 1
CTEC Course Number: 2071-CE-1970
CTEC Federal Tax Law Credits: 1
CFP Notice: Not all courses that qualify for CFP® credit are registered by Western CPE. If a course does not have a CFP registration number in the compliance section, the continuing education will need to be individually reported with the CFP Board. For more information on the reporting process, required documentation, processing fee, etc., contact the CFP Board. CFP Professionals must take each course in it’s entirety, the CFP Board DOES NOT accept partial credits for courses.
CTEC Notice: California Tax Education Council DOES NOT allow partial credit, course must be taken in entirety. Western CPE 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 register as a tax preparer may be obtained by contacting CTEC at P.O. Box 2890, Sacramento, CA, 95812-2890, by phone toll-free at (877) 850-2832, or on the Internet at www.ctec.org.
Meet The Experts
Ashley Francis is a CPA with 23 years of experience. She specializes in helping ultra-high net worth clients, professional fiduciaries, and trust and estate attorneys with complex tax and estate compliance and planning. She has been involved in trust and estate disputes and seen where things can go sideways. She also started exploring and sharing her experiences with ChatGPT in December, 2022. Since then, she has created a newsletter for folks interested in ChatGPT, Microsoft 365 applications, and automation, with the goal of making these technologies feel friendly and accessible. She has also created an online course that shares tiny daily …
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