Per the IRS Education Provider Standards this course must be COMPLETED by 12/31/2026 to receive credits. NOTE: Go to My Professional Profile in your CCH CPELink account settings to ensure your name, and PTIN number; matches your PTIN card
This course will address the mistakes that clients typically make – and that planners sometimes ignore or fail to consider. It will offer solutions and suggestions on the best ways to avoid these mistakes.
Publication Date: February 2023
Designed For
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Topics Covered
- Failure to Plan
- An outdated plan
- Portability
- Collectibles and tangible assets
- Life insurance policy
- Retirement plan designations
- Real estate planning
- Executors, trustees, and guardians
- Divorces and pre-marital agreements
- Generation-skipping tax
- Charitable contribution rules
- Business owners
- Grantor trusts
- Minimizing income taxes of trusts
- Other mistakes to avoid
Learning Objectives
- Recognize the complexity of planning issues and why clients need to address them
- Identify and apply specific suggestions about how to improve retirement plan and life insurance beneficiary designations
- Describe protective arrangements for client assets
- Recognize how to differentiate types of trusts and how they should be considered
- Recognize how to become an effective advisor for clients and their tax and estate planning needs
Level
Basic
Instructional Method
Self-Study
NASBA Field of Study
Taxes (2 hours)
Program Prerequisites
None
Advance Preparation
None
Instructor
Steven G. Siegel
Steve Siegel is president of The Siegel Group, a Morristown, New Jersey-based national consulting firm specializing in tax consulting, estate planning and advising family business owners and entrepreneurs. He holds a B.S. from Georgetown University, a J.D. from Harvard Law School, and an LL.M. in Taxation from New York University.
Mr. Siegel is the author of several books, including the Grantor Trust Answer Book published by Wolters Kluwer, and is a nationally-recognized writer and speaker who has lectured extensively throughout the United States on tax, business and estate planning topics. Mr. Siegel has served as an adjunct professor of law at the University of Alabama Law School Graduate Tax Program and at Seton Hall and Rutgers University law schools.