Surgent's Estate and Life Planning Issues for the Middle-Income Client Download
May 1st, 2023 - April 30th, 2024
| Member Price | $159.00 |
| Non-Member Price | $189.00 |
| If you are a member, please login to activate member pricing. | |
Credits
8Description
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 Accounting and Financial Professionals who work with middle-income clients and are looking for ways to provide additional quality services. Continually updated with the latest guidance.Objectives
- Understand estate planning issues unrelated to federal tax planning
- Inventory the documents relevant to estate preservation
- Understand methods of providing for children and the spouse
Major Subjects
- Coverage of the Inflation Reduction Act of 2022
- 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
- Applicable rates, and tactics that may be used to minimize them
- Reducing the impact of ancillary administration
- Provisions you need in a will
- When a trust is needed for children
- Durable powers of attorney, for financial matters and for healthcare
- Realistic retirement goals
- Management of insurance: liability, disability, and life
- Dealing with marriage and divorce
- Titling assets effectively
- Developments relative to estate tax, and the implications for planning