Unit 1: Elevated Trust Structures
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Dynasty Trust: Understand how dynasty trusts can be used to pass wealth across multiple generations without incurring estate taxes. (3:00)
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Testamentary Trust: Learn about trusts created through a will to manage and distribute assets. (3:26)
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Spendthrift Trust: Explore how spendthrift trusts protect beneficiaries from creditors. (2:47)
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Charitable Trust: Discover how charitable trusts benefit both the charity and the estate. (0:55)
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Family Limited Partnership: Uncover how family limited partnerships are utilized to manage and protect family assets while providing tax benefits. (2:32)
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Life Insurance Trust (ILIT): Understand how ILITs can manage life insurance policies and reduce estate taxes. (2:14)
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Elevated Trust Structures Quiz
Unit 2: Optimizing Tax Strategies
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Estate Tax: Learn about the tax imposed on the transfer of the taxable estate of a deceased person. (2:44)
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Gift Tax: Understand the tax on the transfer of money or property to another person without receiving anything (or less than full value) in return. (2:34)
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Annual Exclusion: Explore the annual exclusion amount and its effect on gift tax planning. (2:21)
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Lifetime Exemption: Understand how the lifetime exemption reduces estate tax liability. (2:35)
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Unified Credit: Understand the unified credit’s role in reducing estate and gift taxes. (2:42)
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Taxable Estate: Discover what constitutes a taxable estate and its impact on estate planning. (1:17)
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Optimizing Tax Strategies Quiz
Unit 3: Estate Planning for Unique Circumstances
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Inheritance Tax: Explore the tax imposed on individuals who inherit property or assets from a deceased person. (2:32)
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Step-Up in Basis: Discover the implications of the step-up in basis rule on inherited assets. (2:27)
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Net Estate: Learn how to calculate the net estate for tax purposes. (2:00)
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Estate Freeze: Learn how to freeze the value of an estate to minimize future estate taxes. (2:54)
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Homestead Exemption: Learn how this exemption protects a portion of a home's value from property taxes. (2:39)
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Estate Planning for Unique Circumstances Quiz
Unit 4: Legacy Planning and Asset Protection
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Digital Assets: Learn to manage and plan for digital assets in estate planning. (2:31)
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Letter of Intent: Understand the role of a letter of intent in guiding the distribution of assets. (2:42)
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Ethical Will: Explore how an ethical will communicates values and personal messages. (2:17)
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Asset Protection: Explore strategies to protect assets from creditors and legal claims. (3:05)
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Holographic Will: Examine the validity and use of holographic wills in estate planning. (2:19)
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Legacy Planning and Asset Protection Quiz
Estate Planning 103: Deepen Your Knowledge in Legacy and Trust Strategies Review
