If you’re wondering why, you should consider a trust for your estate planning, you’re not alone. Trusts are a foundational tool in effective estate and tax planning, but using them wisely requires expertise and strategic thinking. This comprehensive program offers a practical, real-world guide to understanding and applying trusts in professional practice.

Participants will examine the structure, purpose, and tax implications of a wide array of trusts—from revocable living trusts and irrevocable life insurance trusts to generation-skipping and dynasty trusts. Learn how to leverage these tools to help clients achieve key objectives such as asset protection, probate avoidance, and multigenerational wealth transfer.

Session Highlights:

• Trustee responsibilities and fiduciary duties
• Revocable vs. Irrevocable Trusts: Taxation, control, and client suitability
• Marital deductions and bypass trusts
• Irrevocable Life Insurance Trusts (ILITs): Funding, structuring, and estate tax reduction
• Dynasty and Generation-Skipping Trusts: Long-term wealth preservation strategies
• Tax issues across income, estate, and generation-skipping taxes
• Recognize the role and duties of trustees in administration
• Apply trust strategies for probate avoidance and smoother asset transfers
• Analyze the income, gift, and estate tax implications of revocable trusts
• Evaluate marital deductions, bypass trusts, and the strategic use of irrevocable trusts
• Assess the benefits of life insurance and dynasty trusts in wealth preservation

Learning Objectives:

By the end of this session, participants will be able to:

• Identify and compare the key characteristics of major trust types
• Explain the tax implications of revocable vs. irrevocable trusts
• Determine when to recommend specific trusts for asset protection or estate planning
• Apply trust strategies to minimize estate taxes and avoid probate
• Advise clients on structuring multigenerational wealth transfers using trusts

Credits and Other Information:

• Recommended CPE credit – 2.0
• Recommended field of study – Taxes
• Session Prerequisites and preparation: None
• Session learning level: Basic
• Location: Virtual/Online
• Delivery method: Group Internet Based
• IRS Course ID: PJGWS-T-00111-25-O
• Attendance Requirement:  Yes
• Session Duration: 2 Hours
  • Case Studies and Live Q&A session with speaker
  • PowerPoint presentation for reference

Who Will Benefit:

• CPA
• Accountants
• Enrolled Agents (EAs)
• Tax Professionals
• Attorneys
• Other Tax Preparers
• Wealth Managers
• Finance professionals

Coder Archives is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.nasbaregistry.org.