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Estate & Trust Primer - Tax Staff Essentials

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AICPA Webcasts

Online, OK 00000

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4.00 Credits

Member Price $225

Non-Member Price $269

Overview

A comprehensive guide to estate planning and the taxation of trusts.

Highlights

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

    Prerequisites

    None

    Designed For

  • CPAs
  • Financial advisers
  • Estate attorneys

    Objectives

    • Identify the elements of a trust.
    • Recognize the difference between principal and income as defined by the Uniform Principal and Income Act (UPAIA).
    • Identify tax payment and reporting requirements for estates and trusts.
    • Distinguish between simple trusts and complex trusts.
    • Recall how pooled income funds are taxed.
    • Recall the filing requirements for estates and trusts.
  • Leader(s):

    Leader Bios

    William Murphy, AICPA

    William F. Murphy, CPA/PFS, ABV, CFF, CVA, is the owner of Murphy Financial Group, P.C., a firm that provides tax consulting and financial planning services to corporations and professional practices in Indiana. He also provides consultation services on tax and financial planning issues to various news and publishing organizations on current tax law changes occurring within federal and state government.

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    Non-Member Price $269

    Member Price $225