The Best Estate Plan for CPAs and Their Clients

Course Description
Course Qualification
Presenter
FAQ

Course Description

You and your client’s IRAs and retirement plans are at risk of accelerated taxation.

The SECURE Act killed the Stretch IRA—the greatest tax break for IRA owners in U.S. history. Subject to exceptions, your heirs will not be able to defer taxes on inherited IRA benefits over their lifetime but will be required to pay taxes within 10 years of your death.

Tax increases loom with not only proposed legislation, but also the Sunset Provisions of The Tax Cuts and Jobs Act of 2017 all point to massive income tax increases for IRA and retirement plan owners. How can you protect yourself, your family, and your clients?

Does your estate plan include traditional documents that “fix in stone” the distribution of your assets to your heirs?

If so, then your heirs are not likely to get the full benefit of your legacy. Updating wills and trusts for greater flexibility will allow your surviving spouse nine months after your death to determine the best strategies.

This CE course will include strategies to help ensure financial security for your surviving spouse and your heirs after you pass.

Major topics covered in this CPE/CE webinar:

Who Gets What?
Tax-savvy charitable bequests.
Strategies that can save hundreds of thousands of dollars if the children of the IRA owner are in different tax brackets.
Second spouse and children from a prior marriage.
Gifting strategies combined with transferring assets from the taxable world to the tax-free world.
And much more.

Learning Objectives

To discuss how the SECURE Act triggers a massive income tax acceleration on your IRAs after you pass. Learn strategies to minimize the negative impact of the SECURE Act.
To discuss how to develop the best estate plan for your family.
To determine why leaving your IRA to a Charitable Remainder Trust could be more beneficial to your heirs than leaving your IRA to them outright.
To discuss the Sunset Provisions of the TC&J Act of 2017 will not only increase income tax rates but also will dramatically lower the federal estate tax exemption. The strategies presented will potentially not only save income taxes, but also estate taxes.

Recommended For

This IRS Approved CE course is recommended for CPAs, EAs, AFSPs, and Other Tax Preparers engaged in advising clients for estate planning matters.
This CPE course is good for CFAs, PFS, TEPs, CSAs, and Other Financial Planning Professionals advising clients for retirement planning matters.

Who Should Attend?

Accountant
Accounting Firm
Bookkeepers & Accountants & Tax Preparers
California Registered Tax Professional
Certified Public Accountant (CPA)
Chartered Professional Accountant
CPA (Industry)
CPA - Mid Size Firm
CPA - Small Firm
Enrolled Agent
Maryland Tax Preparers
Oregon Tax Preparers
Tax Accountant (Industry)
Tax Attorney
Tax Director (Industry)
Tax Firm
Tax Managers
Tax Practitioners
Tax Preparer
Tax Professionals
Tax Pros

Course Qualification

Webinar Qualifies For

2 CPD Credit for Trust and Estate Practitioners (TEP)
2 CPD Credit of Fundamental Financial Planning Concepts for Personal Financial Specialist (PFS)
2 CE Credit of Qualified Retirement Plan Matters for Enrolled Retirement Plan Agent (Approval No. 00742-21-O)
2 CE Credit of Taxes for Enrolled Agents (EA) (Approval No. GEHNZ-T-00715-21-O)
2 PL Credit for Chartered Financial Analyst (CFA)
2 CE Credit for Certified Senior Advisor (CSA)
2 CPE Credit of Taxes for Certified Public Accountants (CPA-US)
2 CE Credit of Taxes for Annual Filing Season Program (AFSP)
2 CE Credit of Federal Tax Related Matters for Oregon Registered Tax Preparers (ORTP) (Approval No. GEHNZ-T-00715-21-O)
2 CE Credit of Federal Tax Related Matters for Maryland Tax Preparer (MRTP) (Approval No. GEHNZ-T-00715-21-O)
2 CE Credit of Federal Tax Related Matters for California Registered Tax Preparers (CRTP) (Approval No. 6273-CE-0670)
2 CPE Credit for Financial Services Certified Professional (FSCP)
2 CPE Credit for Wealth Management Certified Professional (WMCP)
2 CPE Credit for Retirement Income Certified Professional (RICP)
2 CPE Credit for Chartered Financial Consultant (ChFC)
2 CPE Credit for Chartered Special Needs Consultant (ChSNC)
2 CPE Credit for Chartered Advisor in Senior Living (CASL)
2 CE Credit for Certified Fiduciary & Investment Risk Specialist (CFIRS)
2 CE Credit for Certified Wealth Strategist (CWS)
2 General Credit for Accountant/Bookeeper

Additional details

Course Level :

Basic
Credits :

2
Instructional Method :

Group Internet Based
Pre-requisites :

None
Advance Preparation :

None

IRS APPROVED

MY-CPE LLC, 1600 Highway 6 south, suite 250, sugar land, TX, 77478

MY-CPE LLC (Sponsor Id#: GEHNZ) has entered into an agreement with the Internal Revenue Service, to meet the requirements of 31 Code of Federal Regulations, section 10.6(g), covering maintenance of attendance records, retention of program outlines, qualifications of instructors, and length of class hours. This agreement does not constitute an endorsement by the IRS as to the quality of the program or its contribution to the professional competence of the enrolled individual. Credit earned by attendees with a PTIN will be reported directly to the IRS as required of all providers. To ensure your CPE hours are reported, update your profile in My Account to include your PTIN number. Please note: IRS CE is only mandatory for EAs and ERPAs. For all other tax return preparers, CE is voluntary.

NASBA APPROVED

MY-CPE LLC, 1600 Highway 6 south, suite 250, sugar land, TX, 77478

MY-CPE LLC (Sponsor Id#: 143597) 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.

CTEC APPROVED

MY-CPE LLC, 1600 Highway 6 south, suite 250, sugar land, TX, 77478

MY-CPE LLC (Sponsor ID# : 6273) 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, toll-free by phone at (877) 850-2832, or on the Internet at www.ctec.org.

Presenter

About Presenter

James Lange, CPA/Attorney/Registered Investment Advisor

Owner, Lange Financial Group, LLC

Jim Lange’s tax and estate planning strategies have been endorsed by The Wall Street Journal (36 times). He wrote 8 best-selling books including The IRA and Retirement Plan Owner’s Guide to Beating the New Death Tax. His books enjoy glowing testimonials from Charles Schwab, Larry King, Jane Bryant Quinn, Bob Keebler, Ed Slott, Burton Malkiel and many more. His newest book, Retire Secure for Professors is available as an advanced readers copy.

Jim’s RIA oversees $850 million under management. Jim’s law firm has completed 2,857 estate plans including wills, trusts, and beneficiary designations of IRAs and retirement plans. Jim’s CPA firm prepares 760 tax returns annually.

Jim wrote the first peer-reviewed article regarding Roth IRA conversions in 1998 published in The Tax Adviser. Jim has authored 5 peer-reviewed articles in Trusts & Estates, and he is a regular contributor for Forbes.com and Retirement Daily.

About Company

Lange Financial Group, LLC

paytaxeslater.com

Lange Financial Group, LLC provides conservative asset management services giving clients a choice of several money managers. We integrate our advice with the money manager advice so there is coordination between tax strategies, Roth IRA conversion strategies, investment strategies, estate planning strategies, etc.

We provide this service for our assets-under-management clients. Our clients receive our advice and money management services for the same costs as a fairly priced money manager, and there are no additional costs for our value-added advice. We find that our clients benefit from coordinating strategies among the people who are helping them achieve their long-term goals.

Lange Financial Group, LLC works with fee only advisors. We work with a number of advisors; both value oriented and buy and hold, and more active managers, as well as a low fee passive type “enhanced index investor.”

Faq

FAQs content

To receive Continuing Education credit for the event, you must register for the webcast prior to the start of each program.
Continuing Education Credit Certificate is available to all eligible participants within 24 hours of each webinar.
You must attend complete live webinar and respond to all polling questions asked during the webinar. Credits would be issued on 50 minute credit hour basis.
Polling feature Not supported: If you are logging in through browser or web portal in the browser (zoom.us) it doesn’t support the polling feature. Please be advised the current polling feature can only be supported via Zoom desktop and mobile app. You can check the same here : https://support.zoom.us/hc/en-us/articles/203749865-Polling-for-webinars
This event may be a recorded rebroadcast of a live event done in past and the instructor will be available to answer your questions during/after the webinar.
If you still face the polling problem please don’t panic and provide your response in the chat and we shall consider the same for processing for credits. You can download Zoom by clicking on the mentioned link : https://zoom.us/download
Our courses meet the global Continuing Professional Development (CPD-IES7) Standard for Chartered Accountants with International Education Standard 7 (IES 7) set by The International Federation of Accountants (IFAC), the International Accounting Education Standards Board (IAESB) and the Association of Chartered Certified Accountants (ACCA). Based on our accreditation by existing IFAC members and affiliates, we believe learners can count their professionally relevant, verifiable learning activities on myCPE, including taking on demand courses and attending live webinars, toward fulfillment of their verifiable CPD-IES7 requirements. However, if there is any question, we recommend that the individual learner confirm with his/her professional licensing organization before taking myCPE courses for CPD-IES7 credit.
You can manage your continuing education certificates and credits through your certificate dashboard which is available when you are logged in to your account (LOGIN)
As an accredited provider of Continuing Professional Education in the United States, myCPE online learning platform, courses, and webinars meet the requirements set forth by the Institute of Management Accountants (IMA), an IFAC Member Organization, as well as the National State Boards of Accountancy (NASBA) and the Institute of Internal Auditors (IIA), both IFAC Affiliates. As well as it has been approved by NASBA, Internal Revenue Service (IRS), Certified Financial Planner Board (CFP Board), California Tax Education Council (CTEC), Society of Human Resource Professional (SHRM), Human Resource Certification Institute (HRCI) and many more.Therefore, we believe learners can count their professionally relevant, verifiable learning activities on myCPE, including taking on demand courses and attending live webinars, toward fulfillment of their verifiable continuing education requirement as CPD-IES7 requirements. However, if there is any question, we recommend that the individual learner confirm with his/her professional licensing organization before taking myCPE courses for CPD-IES7 credit.
myCPE Courses are taken by : CPA | CMA | CFE | CIA | CPA(Yellow Book)| CFP | CFA | CPA (Govt.) | EA | CRTP | MRTP | ORTP | ABV | CITP | CVA | PFS | CFF and others.

Ratings and Review

4.4

52 Ratings

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Sheridan Vernon, EA

Oct 21st, 2021

Lange is a great speaker. As soon as he mentions the 67000 EA s all of whom do taxes as well as the 670 000 CPA s about 20% who specialize in taxes it will be perfect.

Patricia Segal, EA

Oct 21st, 2021

The instructor was very knowledgeable. He talked very clearly and was easy to understand. The information was very interesting and informative. He talked a little bit too much about his book and trying to sell it but I thoroughly enjoyed the class.

BAA