Living Trust Administration Workshop

Course Details


Friday, November 8, 2019

4:30am – 12:00am
(Registration: 4:00am)

Field of Study


Course Number


CPE Credit

8.0 hours CPE credit

Level of Knowledge



CalCPA Education Foundation


General knowledge of income, estate and gift taxes.


Gain hands-on knowledge while focusing on the trust administration process on the death of the single settlor and the first spouse in a joint settlor trust.

In today's estate tax environment, the answers to core questions concerning whether to file an estate tax return, make a portability election or make a QTIP election may surprise you. Learn what clauses to look for in the trust; when and how to make portability and QTIP elections; how to educate the client concerning trust administration; and how to deal with assets outside the trust. Using checklists and forms, understand how to create a practical system for administering the living trust after a death.

Formerly titled: Practical Workshop on Trust Administration of the Living Trust.

Materials are provided as an ebook.


  • Delaware Tax Trap for step-up in basis
  • Preparation of trust accountings
  • Estate tax return requirements and opportunities
  • Tax issues related to funding
  • Use of the administrative trust
  • Dealing with "stale" trusts
  • Disclaimers in post-mortem planning
  • Trust memoranda and allocation agreements
  • Trust administration of Medi-Cal, QPRT, GRAT and IDGTs
  • Administrating other types of trusts


  • Determine how to develop a systematic approach to trust administration.
  • Identify portability and QTIP elections and when to file an estate tax return.
  • Identify how to administer a single-person trust and how to administer a two-person trust on the first death.
  • Recognize key provisions in the trust instrument.
  • Determine income and estate tax issues associated with administration.
  • Recognize the effect of estate tax law on administration.
  • Determine when to file a 706 at First Death for Portability and/or QTIP election, or to hold filing the 706 and when to prepare even when not filing.

Designed For

CPAs, attorneys and trust and estate planners.

Registration for this course has passed.

Course Pricing

Member Fee

Applicable if you are a HSCPA member in good standing.

Non-Member Fee

Applicable if you are not a HSCPA member.

Your Price $375.00

CPE Choice

Learn more about CPE Choice.
This course does not qualify for CPE Choice.

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