Introduction to Estate Planning

Course Number: ISP1

Course Code: ABA 341

Covers tax implications for grantor and charitable trusts and the concepts of gift, estate, and generation-skipping transfer taxes. Presents special rules for taxes, ways to minimize taxes, and how to calculate gift and estate taxes. Explains advantages and disadvantages of making lifetime gifts, and estate planning with the marital deduction.

Learning Obj​​​​ectives
After completing this course, students will be able to:
– Define basic terms
– Explain how trusts are taxed
– Calculate distributable net income
– Minimize transfer taxes
– Calculate gift, estate, and generation- skipping transfer taxes
– Describe why estate planning is important
– Identify considerations when developing an estate plan

Audience: Trust department and other bank staff who are new to the trust business and want to develop a basic working knowledge of trust administration

Prerequisites: n/a

Register Now

Member Price: $335.00
Non-Member Price: $450.00
Textbook Charge: $0.00

Credits: 0.25; ICB: 4.50 CTFA (TAX), CISP

Length: 3 hour 35 minutes

ABA Training