The Efficacy and Application of 30 Common Trusts

5 (1)

Robert Keebler, CPA

Keebler & Associates LLP

Wednesday, March 10, 2021 | 12:30 PM EST

  • AFSP
  • CPA
  • EA
  • Tax Pros
  • ORTP
  • PFS
  • TEP
  • CTEC

2 CPE | 2 CE

$20

Subject Area

Taxes

Webinar Qualifies For

2 CPE credit of Taxes for all CPAs

2 CPD credit (Verifiable) for Trust and Estate Practitioners (TEPs)

2 CPD credit (Verifiable) of Estate Planning for PFSs

2 CE credit of Annual Filing Season program (AFSP)( IRS Approved : GEHNZ )

2 CE credit of Federal Tax for Enrolled Agents ( IRS Approved : GEHNZ )

2 CE credit of Federal Tax for Maryland Tax Preparers

2 CE credit of Federal Tax for Oregon Tax Preparers

2 CE credit of Federal Tax Subjects for California Tax Professionals (CTEC Approved - 6273)

2 General Educational credit for Tax Professionals / Bookkeepers / Accountants

Upcoming Webinars

email extinguisher: simple steps to shrink the inbox

(344)

Dec 31, 2020 | 02:30 PM EST View Details

executive overview of repatriation of foreign earnings (topic 606)

(3)

Feb 01, 2021 | 10:00 AM EST View Details

excel accountant: taming large spreadsheets

Feb 04, 2021 | 10:00 AM EST View Details

kpi’s (key performance indicators): how to implement them and achieve success through them

(5)

Feb 09, 2021 | 10:30 AM EST View Details

dealing with irs collections division (part i)

(207)

Feb 18, 2021 | 01:30 PM EST View Details

introduction to excel pivottables

(11)

Feb 22, 2021 | 10:30 AM EST View Details

tax practitioners ethics - latest

(4127)

Mar 01, 2021 | 12:30 PM EST View Details

basic excel skills for accountants

(24)

Mar 08, 2021 | 10:00 AM EST View Details

corporate external financial reporting decisions

(37)

Mar 08, 2021 | 10:00 AM EST View Details

fraud update - latest 2020

(40)

Mar 08, 2021 | 10:00 AM EST View Details

interviewing skills for professionals

(28)

Mar 08, 2021 | 10:00 AM EST View Details

passive activity loss limitations: working with the complex pal rules & real estate tax issues.

(47)

Mar 08, 2021 | 10:00 AM EST View Details

itemized deduction updates - with examples & case studies (basic overview)

(2176)

Mar 08, 2021 | 10:00 AM EST View Details

quickbooks online for accountants work centre - managing you practice

(13)

Mar 08, 2021 | 10:30 AM EST View Details

sec enforcement of accounting and reporting regulation

(18)

Mar 08, 2021 | 10:30 AM EST View Details

Course Description

When you hear the words “trust” or “trust fund,” the first image that may come to mind is a wealthy family in a mansion with inherited wealth passed down from generation to generation. However,  you don’t have to be a member of the Rockefeller or Gates families to set up and benefit from a trust. A trust is a legal vehicle that allows a third party, a trustee, to hold and direct assets in a trust fund on behalf of a beneficiary. A trust greatly expands your options when it comes to managing your assets, whether you’re trying to shield your wealth from taxes or pass it on to your children.

Trust terminology can unfortunately be very confusing. A 100-page document is often named using the terms of a single-clause. However, practitioners must navigate this strange practice if they are to effectively advise their clients. In this presentation I will cover 30 of the most popular types of trusts and explain in what situations they are generally effective for clients.

Highlights of the webinar :

  • Revocable Living Trust (RLT)
  • Irrevocable Trusts
  • Simple Trusts; Complex Trusts
  • Intentionally Defective Grantor Trust (IDGT)
  • Charitable Remainder Trust (CRT)
  • Charitable Lead Trust (CLT)
  • Irrevocable Life Insurance Trust (ILIT)
  • Stand-Alone IRA Beneficiary Trust
  • Special Needs Trust (SNT)
  • Minor Trust
  • Spendthrift Trust
  • Blind Trust
  • Discretionary v. Non-Discretionary Trust
  • Medicaid Trust
  • Crummey Trust
  • 2642(c) Trust
  • Bypass Trust (B-Trust or Credit Shelter Trust)
  • Qualified Terminal Interest Property Trust (QTIP Trust or marital trust)
  • Dynasty Trust (GST Exempt Trust)
  • Grantor Retained Annuity Trust (GRAT)
  • Grantor Retained Unitrust (GRUT)
  • Grantor Retained Income Trust (GRIT)
  • Spousal Lifetime Access Trust (SLAT)
  • Qualifying Domestic Trust (QDOT)
  • Qualified Personal Residence Trust (QPRT)
  • Incomplete Gift Non-grantor Trust (ING)
  • Domestic Asset Protection Trust
  • Foreign Trust
  • Electing Small Business Trust (ESBT)
  • Qualified Subchapter S Trust (QSST)

Learning Objectives

  • To identify how trusts may protect assets and perpetuate family wealth over multiple generations
  • To identify the areas of trusts in connection with disability, charity, life insurance, leveraging gifts, principal residences, and minors

Who Should Attend?

  • Enrolled Agent
  • Tax Practitioners
  • Accountant
  • CPA - Small Firm
  • CPA - Mid Size Firm
  • Accounting Firm
  • Tax Pros
  • Tax Firm
  • Young CPA
  • CPA in Business
  • Entrepreneurial CPA
  • Tax Accountant (Industry)
  • Tax Director (Industry)
  • Accounting Practice Owners
  • Accounts Director
  • Entrepreneurial Accountant
  • Tax Managers
  • Accounting Managers
  • Tax Preparer

Testimonial

5

(1)
100%
0%
0%
0%
0%