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CPE Self-Study

Estate & Trust Primer - Tax Staff Essentials

  • $99.00-$129.00
    Estate & Trust Primer - Tax Staff Essentials Online Access Product #: 157753
    AICPA Member: $99.00
    Non-Member: $129.00
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    Purchasing multiple enrollments for your organization? Contact a representative for pricing or for on-site training opportunities. 800.634.6780 | Contact Us

    Product #: GT-TSE.ETP

Save when you buy the complete Tax Staff Essentials, Level 3 online bundle.

This comprehensive CPE course will enhance your understanding of the federal income taxation of trusts and decedents' estates, along with the effects certain tax scenarios have on the beneficiaries of those trusts and estates. You will also learn more about basic planning options that help minimize taxes during income accumulation, distribution, or the transfer of wealth to intended beneficiaries.

Learning Objectives

This course will prepare you to:

  • Understand the concept of a trust and the various types of trusts
  • Advise clients on filing requirements for Forms 706 and 709
  • Identify the elements of an estate
  • Identify the elements of a grantor trust
  • Minimize transfer taxes by incorporating exemptions and credits
  • Understand statutory provisions that mandate or protect interests of a decedent's spouse and/or children

Key Topics

  • Types of trusts
  • Trustee powers
  • Recognition and realization of income
  • Elements of an estate
  • Taxation of trusts and estates
  • Basic concepts of estate planning

Who Will Benefit?

  • CPAs, financial advisors, estate attorneys

Discount

Tax Section Members Receive Additional Savings!

When you log into this website with your AICPA member user account, the section/credential discount will be automatically applied during checkout. Should you have any questions or encounter any issues, please contact the AICPA Service Center at 888-777-7077 or service@aicpa.org.

Find out more information on the Tax Section.

System Requirements

About the Authors

Stephen R. Brooks, CPA, PFS, CFP?

St. Louis, MO

Stephen Brooks is a tax partner with ROI Business Services, LLC in St. Louis, MO with 16 years of public accounting experience. His expertise includes: complex consulting and compliance for individual, trusts and estates as well as flow-through entities and closely-held businesses. Stephen also provides business planning, wealth management, and succession planning to his clients.

Stephen has been an instructor for the AICPA since 2013 and has authored several courses for the AICPA. These courses include: Advanced Estate Planning Strategies, Estate Planning Essentials: Tax Relief for Your Clients, Form 1041: Income Taxation of Estates and Trusts, Estate & Trust Primer, Advanced Estate & Trust Taxation, and Estates and Trusts: Mastering Complex Income Tax Issues. Prior to authoring courses, he was a technical reviewer for a variety of AICPA courses.

Stephen is a co-founder and board member of the non-profit organization, The St. Louis Suit Project. This organization assists individuals in improving themselves both externally and internally. The organization provides tailored suits and soft-skill training to adults to aid in their search for employment and/or to attend college. Stephen also assisted in the creation and is currently the treasurer of the non-profit organization, Us Against Cancer. This organization provides funding to individuals diagnosed with cancer so that they can receive the required treatment.

Stephen is a member of the American Institute of Certified Public Accountants and the Missouri CPA Society. He graduated from Indiana University at Bloomington with a major in Accounting and Finance and minor in Psychology. He also holds a M.S. in Taxation from the University of Illinois Urbana-Champaign. Prior to his married life with his children, Stephen enjoyed competing in many endurance races such as marathons, triathlons, and ultra-marathons.



About the Publisher

AICPA

About the AICPA The American Institute of CPAs is the world’s largest member association representing the accounting profession, with more than 412,000 members in 144 countries, and a history of serving the public interest since 1887. AICPA members represent many areas of practice, including business and industry, public practice, government, education and consulting. The AICPA sets ethical standards for the profession and U.S. auditing standards for private companies, nonprofit organizations, federal, state and local governments. It develops and grades the Uniform CPA Examination, and offers specialty credentials for CPAs who concentrate on personal financial planning; forensic accounting; business valuation; and information management and technology assurance. Through a joint venture with the Chartered Institute of Management Accountants, it has established the Chartered Global Management Accountant designation, which sets a new standard for global recognition of management accounting.