Trusts as Retirement Plan Beneficiaries Webcast | 4203496B

Course Details

Date

Friday, October 23, 2020

8:00am – 10:00am
(Registration: 7:00am)

Field of Study

Specialized Knowledge

Course Number

4203496B

CPE Credit

2.0 hours CPE credit

Level of Knowledge

Advanced

Vendor

CalCPA Education Foundation

Prerequisites

Working knowledge of estate issues and retirement plans preferred.

Description




Trusts are often named as beneficiaries for IRAs and other retirement arrangements. The choice has an impact on both income tax and estate planning.
Trusts allow the IRA owner or plan participant to have beyond-the-grave control over the distribution payouts.
Note: This class presents an in-depth discussion of issues presented in the instructor's class Retirement Distributions: Planning Options .

Highlights





What is the significance of the Retirement Plan Beneficiary?
Primary vs. Contingent Beneficiaries
Is a Trust a "Designated Beneficiary?"
Why do people want to name a trust as the beneficiary?
Income Tax Aspects of Trusts as beneficiary
What happens when the trust beneficiary dies?

Objectives





Recognize reasons trusts are named as beneficiaries
Identify the types of trusts used and their tax characteristics.
Determine how the probate code affects beneficiary trusts.
Develop strategies to assist clients dealing with plan custodians.

Designed For




CPAs, attorneys and financial professionals.

Course Pricing

Member Fee

Applicable if you are a HSCPA member in good standing.

$75.00
Non-Member Fee

Applicable if you are not a HSCPA member.

$101.00
Your Price $101.00

CPE Choice

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

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