[WEB] Select Estate and Life Planning Issues for the Middle-Income Client

Description

Clients think that estate planning only applies to the very rich. In truth, there are many issues of critical concern for which the middle-income client needs to plan. This course is a must-attend for all CPAs who work with middle-income clients and are looking for ways to provide additional quality services. Updated for developments relative to estate tax changes.

Highlights



• The SECURE Act, including IRA and RMD changes, reviewing beneficiaries, and discussing strategies to mitigate the elimination of the stretch IRA in light of new 2022 proposed regulations 

• Other major SECURE Act provisions, such as expansion of section 529 plans and 401(k) access to part-time workers 

• Changes to the lifetime estate tax exemption by the TCJA in light of April 2022 proposed regulations 

• More than 20 documents that should be reviewed that are neither a will nor trust 

• Provisions you need in a will 

• Trusts and other arrangements for children 

• Durable powers of attorney for healthcare and for financial matters 

• Realistic retirement goals 

• Developments relative to estate tax, and the implications for planning

Objectives



• Understand various documents used in estate planning 

• Identify use of trusts and other financial arrangements 

• Know what issues clients confront, and potential solutions

Designed For

CPAs who advise clients on estate planning