Date: February 4 , 2025  

Time: 1pmET | 12pm CT | 11am MT | 10am PT

Duration: 120 Minutes

Description:

This course explores disclosures, adjustments, and restructurings related to partnerships and S corporations. It focuses on the intergenerational transfer of property and highlights essential knowledge for CPAs regarding trusts and estates. Topics will range from fundamental legal principles governing trusts and estates to the specific language in trust documents that achieves certain tax outcomes.

We will cover key legal definitions and concepts related to estates and trusts, fundamental principles of property ownership, and the various types of trusts commonly employed. Additionally, the course will address trust accounting basics and important clauses, including formula valuation clauses.

Learning Objectives

• Understand how to read and interpret estate planning documents.
• Identify fundamental principles of fiduciary accounting.
• Recognize key planning opportunities and potential pitfalls.
• Determine the criteria for a trust to qualify as a designated beneficiary of an IRA.
• Learn how to utilize income in respect of a decedent (IRD) to support charitable bequests.

Credits and Other information:

• Recommended CPE credit – 2.0
• Recommended field of study – Taxes
• Session Prerequisites and preparation: None
• Session learning level: Basic
• Location: Virtual/Online
• Delivery method: Group Internet Based
• Attendance Requirement:  Yes
• Session Duration: 2 Hours

Who Will Benefit:

• CPA
• Enrolled Agents (EAs)
• Tax Professionals
• Attorneys
• Other Tax Preparers
• Finance professionals
• Financial planners

About Our Speaker

Robert Keebler, CPA/PFS, AEP (Distinguished), CGMA, MST is a partner with Keebler & Associates, LLP and the current chairman of the AICPA Advanced Estate Planning Section. In 2007 he was inducted into the Estate Planning Hall of Fame of National Association of Estate Planners & Councils. He has also been named by CPA Magazine as one of the Top 100 Most Influential Practitioners in the United States and one of the Top 40 Tax Advisors to Know During a Recession. His practice includes family wealth transfer and preservation planning, charitable giving, retirement distribution planning, and estate administration. Mr. Keebler frequently represents clients before the IRS in the private letter ruling process and in estate, gift and income tax examinations and appeals, and he has received more than 200 favorable private letter rulings including several key rulings of “first impression.