Webinar: Basic Estate Administration for CPAs and FAs

WS232  |  Course  |  Basic  |  Scheduled

Description

Some CPAs & FAs might focus on estate administration; however, many more will come across this through routine work with a client. This course provide

Credits

Number of Credits Type of Credits
2.00 Taxes

Designed For

Any CPA or FA who wants to become familiar with the basic aspects of estate administration

Prerequisites

None

Highlights

  • Legal principles and definitions
  • Trust accounting issues
  • Working closely with legal counsel proactively in the best interest of the client
  • Property law concepts
  • Complex community property issues
  • Filing special forms: Form SS-4, Form 56, Form 4810, and Form 5495
  • Executor checklist
  • The basics of filing a Form 1041 for an estate or non-grantor trust
  • Filing a final Form 709
  • The basics of filing Form 706
  • Understanding 706 elections
  • Understanding Estate Valuations, including GST and portability
  • Special considerations for IRAs and ERISA plans
  • When to make Section 454 elections
  • When to make Section 754 elections
  • Understanding the fine points of basis
  • S corp issues
  • Partnership and LLC considerations
  • Passive loss carryforwards and estates
  • Fiscal year elections
  • 65-day election for trusts and estates
  • Tax aspects of pecuniary and specific bequests

Objectives

  • Name legal principles and definitions essential to estate planning
  • Identify best practices for working closely with legal counsel
  • List main property law concepts
  • Identify complex community property issues
  • Determine best methods for filing special forms: Form SS-4, Form 56, Form 4810, Form 5495
  • Arrange an executor checklist

Preparation

None

Notes

This webinar is provided by Surgent. After registering for the course, you will receive an email from Surgent with instructions for logging in to the webinar and obtaining your eMaterials.

You may confirm that your computer meets the minimum requirements by visiting: https://www.surgentcpe.com/webinartest/.

Prices

Member (Early Bird)
$99.00
Non-Member (Early Bird)
$99.00
Member
$99.00
Non-Member
$99.00
Your Price: $99.00

This is your base price and does not reflect any additional session fees, optional add-ons, or guest registrations.