[WEB] Assisting the Survivors - CPA's Role in the Decedent's Estate

Description

LINK AND INSTRUCTIONS TO COME FROM HSCPA ONE DAY PRIOR TO SESSION

CPAs are comfortable dealing with one of the two things in life but are not necessarily ready to deal with other certainties aside from taxes and death. When a client dies, the CPA is most often placed in the position of assisting the survivors in handling the various issues of the decedent's estate. This course looks at the various roles and issues a CPA will need to understand in assisting the survivors following a death. 

Objectives

• Counsel survivors regarding issues arising following the decedent's passing
• Handle issues involved with dealing with trusts arising from the estate
• Handle estate/trust accounting under the applicable principal and income act
• Deal with post-death estate tax issues, including portability, disclaimers, and estate tax returns
• Recognize state income tax issues arising from an estate and related trusts 
• Understand the exposures a CPA faces when advising survivors