TPCP 103 Tax Planning for Death and Special Situations

Learn end-of life tax planning techniques to help clients minimize beneficiaries' future income taxes and, where applicable, to reduce their own future estate tax liability. This course covers strategies to enhance basis step-ups for beneficiaries, minimize taxes on inherited IRAs, HSAs and other tax-preference accounts, and reduce federal estate taxes. Learn to identify the advanced estate planning techniques that work best in low or high interest rate environments, develop strategies to help beneficiaries minimize income taxes while navigating the complex post-death distribution rules that apply to retirement accounts and HSAs, and integrate trusts into retirement planning. The course also addresses tax planning considerations that arise in special situations, such as divorce, special needs planning, and planning for the extraordinarily charitable. Equip yourself with the knowledge you need to help clients create tailored, goal-oriented estate planning strategies designed to help minimize the impact of income and estate taxes upon their death.