The Mathematics of Estate Planning for IRAs After the Secure Act

Course Description

The SECURE Act is the first major legislation to revamp retirement plans in over a decade. Every tax professional dealing with required minimum distributions, estate planning, and setting up retirement plans for small businesses, as well as those about to prepare tax returns for 2019, needs to understand this new legislation and its implications.

The SECURE Act could affect everything from required minimum distributions (RMDs) to inheritances. Perhaps the most significant change for your clients is the elimination of the "stretch" IRA in favor of the "10-year rule." Effective January 1st, this change will decrease wealth transfer and require estate plan updates.

This online CPE webinar on Estate Planning covers important aspects that can affect the majority. It will also provide practical examples to ensure the theoretical aspects are met with practical understanding. To avoid a potential tax disaster, your clients who have a substantial qualified plan or IRA must reconsider beneficiary designations and trust provisions. Further, it will also cover some aspects as to how you can convince the client of the solutions to deal with the new issues so that they will take actions that can help create better plans for their financial well-being with you.

This Online CPE webinar on Taxes covers the following Major Topics:

• Designated and Non-Designated Beneficiary Trusts.
• Conduit Trusts
• Five-year rule vs Ten-year rule or Life Expectancy Rule.
• Income and Estate Tax-free benefits of IRA relocation.
• Section 664 CRT tier rules
• Benefits of using the State Tax-Exempt IRA trust to reduce State Income Taxes
• Changes in Estate Planning Strategies for IRAs after Secure Act

Learning Objectives

• To understand the new changes relating to IRAs and employer plans.
• To learn how to apply new estate and estate tax planning strategies in light of changes to IRA and employer plan rules
• To develop a thorough understanding of the Deferral and Tax Rate arbitrage associated with a Charitable Remainder Trust.
• To understand the Income and Estate Tax-Free Benefits of IRA relocation.
• To Integrate Roth Conversion Planning with Eligible IRA Disability Trusts and IRA Trust Planning

Recommended For

• This online CPE webinar on Taxes is recommended for CPA, EA, CMA, and Other Accounting and Tax Professionals who desire to help their clients with the best Estate Planning services.
• This Taxes Course is also recommended for Accountants, Staff of Accounting Firm, and Staff of Tax Professionals who desire to help their clients with updated tax strategies on Estate Planning.

Who Should Attend?

Webinar Qualifies For

• 1.5 CPD Credit for Trust and Estate Practitioners (TEP)
• 1 CE Credit of Federal Tax Law Update for Enrolled Agents (EA) (Approval No. GEHNZ-U-00127-20-O)
• 1.5 CE Credit of Financial aspects of estate and retirement planning for Certified Senior Advisor (CSA)
• 1.5 CPE Credit of Taxes for Certified Public Accountants (CPA-US)
• 1 CE Credit of Federal Tax Law Update for Annual Filing Season Program (AFSP)
• 1 CE Credit of Federal Tax Law Update for Oregon Registered Tax Preparers (ORTP) (Approval No. GEHNZ-U-00127-20-O)
• 1.5 CPD Credit of Estate Planning for Personal Financial Specialist (PFS)
• 1 CE Credit of Federal Tax Law Update for Maryland Tax Preparer (MRTP) (Approval No. GEHNZ-U-00127-20-O)
• 1 CE Credit of Federal Tax Law Update for California Registered Tax Preparers (CRTP) (Approval No. 6273-CE-0140)
• 1 CE Credit of Qualified Retirement Plan Matters for Enrolled Retirement Plan Agent (Approval No. GEHNZ-Q-00520-21-O)
• 1.5 CE Credit of Estate Planning for Certified Financial Planner (US)
• 1.5 CE Credit for Certified Fiduciary & Investment Risk Specialist (CFIRS)
• 1.5 CE Credit for Certified Wealth Strategist (CWS)
• 1.5 General Credit of Taxes for Accountant/Bookkeeper/Tax Professionals
• 1.5 PL Credit of Estate Planning for Chartered Financial Analyst (CFA)
• 1.5 CPE Credit of Estate Planning for Chartered Financial Consultant (ChFC)
• 1.5 CPE Credit of Estate Planning for Financial Services Certified Professional (FSCP)
• 1.5 CPE Credit of Estate Planning for Chartered Advisor in Senior Living (CASL)
• 1.5 CPE Credit of Estate Planning for Chartered Special Needs Consultant (ChSNC)
• 1.5 CPE Credit of Estate Planning for Retirement Income Certified Professional (RICP)
• 1.5 CPE Credit of Estate Planning for Wealth Management Certified Professional (WMCP)
• 1.5 PL Credit of Estate Planning for Certificate In Investment Performance Measurement (CIPM)
• 1.5 CE Credit of Estate Planning for Certified Plan Fiduciary Advisor (CPFA)

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