Surgent's Top 10 Celebrity Estate Mistakes and How to Avoid Them

This course uses the lives of the rich and famous as a template to better understand the realm of estate planning. In discussing familiar names suc...

11/3/2021 9am - 11am | Online | Surgent

$89.00

CPE Categories: Taxation (2 CPE)

Description

This course uses the lives of the rich and famous as a template to better understand the realm of estate planning. In discussing familiar names such as Jackie Kennedy, Joan Rivers, Jimi Hendrix, James Gandolfini and Leona Helmsley, the course examines the pitfalls and best practices surrounding famous estates. Even Abraham Lincoln, it turns out, did not have a will. We may not have their fame or fortune, but we can certainly walk the red carpet when it comes to estate planning.

Target Audience

CPAs who advise clients on establishing an estate plan

Course Objectives

Understand the differences between a Power of Attorney, guardianship, and a will
Understand the factors to consider in choosing an executor
Understand why everyone should have a will
Understand why a trust can be a powerful tool in administering the estate
Understand how to care for a pet after death
Review good practices in regards to estate claims and insurance

Subjects

Overview of estate planning
The dangers of a Power of Attorney
The most important aspect of a will
Role, scope, rights, and responsibilities of an executor
Benefits of incorporating a trust
Bequests
Caring for a pet
Claims against the estate
Insurance
Consequences of poor estate planning

Prerequisites

None