Understanding Trusts: Leveling the Playing Field (Currently Unavailable)

Author: Arthur Joseph Werner

Trusts are a means of not only protecting assets, but also protecting current and future beneficiaries. This course explains how trusts protect assets and beneficiaries; outlines how various kinds of trusts are created; and discusses tax, estate, planning, and gift considerations in trusts.

Publication Date: February 2014

Learning Objectives

• Identify the individuals who play a major role in trust creation and maintenance
• Differentiate between revocable and irrevocable trusts
• Recognize how trusts protect assets
• Recognize how a trust is classified for federal income tax purposes

Level
Overview

Instructional Method
Self-Study

NASBA Field of Study
Taxes (2 hours)

Program Prerequisites
None

Advance Preparation
None