Estate Planning 102: Mastering Estate Taxes, Trusts, and Legacy Protection
This course is designed to provide you with a deeper understanding of estate planning strategies through a series of bite-sized videos, all under two minutes long. Estate Planning 102 will take your knowledge to the next level, focusing on advanced trust structures and maximizing tax efficiency, and includes special situations in estate planning. Each unit is accompanied by self-study quizzes to reinforce your learning.
Why take this course?
- Learn complex trust structures in easy-to-understand, quick video lessons.
- Maximize estate tax exemptions through Credit Shelter and Dynasty Trusts.
- Understand how to manage life insurance policies and reduce taxes with Irrevocable Life Insurance Trusts (ILIT).
- Minimize taxes on personal residences through Qualified Personal Residence Trusts (QPRTs).
- Protect your beneficiaries from creditors with Spendthrift Trusts.
- Explore strategies like GRATs and QTIP Trusts to provide for family while preserving wealth.
- Learn key tax-saving strategies, such as lifetime exemption, annual exclusion, and estate freezing techniques.
- Understand unique estate planning situations such as nuncupative wills and disinheritance.
- Test your knowledge with self-study quizzes after each unit.
This course gives you the advanced tools needed to create a robust estate plan, protecting your wealth while ensuring your legacy.
Your Instructor
Course Curriculum
Unit 1: Advanced Trust Structures
Available in
days
days
after you enroll
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StartCredit Shelter Trust: Discover how credit shelter trusts help in utilizing estate tax exemptions effectively. (1:55)
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StartIrrevocable Life Insurance Trust (ILIT): Understand how ILITs can help in managing life insurance policies and reducing estate taxes. (2:53)
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StartQualified Personal Residence Trust (QPRT): Explore how QPRTs can help in transferring personal residences while minimizing gift and estate taxes. (2:54)
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StartGrantor Retained Annuity Trust (GRAT): Learn how GRATs can be used to transfer wealth and reduce estate taxes while retaining an income stream. (2:49)
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StartQualified Terminable Interest Property (QTIP) Trust: Learn how QTIP trusts allow for income to be provided to a surviving spouse while preserving the principal for other beneficiaries. (2:12)
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StartSpecial Needs Trust: Understand the role of special needs trusts in providing for individuals with disabilities. (2:47)
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StartUnit 1: Advanced Trust Structures Quiz
Unit 2: Maximizing Tax Efficiency in Estate Planning
Available in
days
days
after you enroll
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StartEstate Tax: Learn about the tax imposed on the transfer of the taxable estate of a deceased person. (2:44)
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StartUnified Credit: Understand the unified credit’s role in reducing estate and gift taxes. (2:42)
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StartAnnual Exclusion: Explore the annual exclusion amount and its effect on gift tax planning. (2:21)
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StartLifetime Exemption: Understand how the lifetime exemption reduces estate tax liability. (2:35)
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StartGift 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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StartGSTT (Generation-Skipping Transfer Tax): Explore strategies to minimize the impact of GSTT. (2:48)
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StartGifting: Discover strategies for gifting assets to reduce estate taxes. (2:29)
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StartUnit 2: Maximizing Tax Efficiency in Estate Planning
Unit 3: Special Situations in Estate Planning
Available in
days
days
after you enroll
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StartNuncupative Will: Learn about oral wills that are made in the presence of witnesses, typically used in emergencies. (2:20)
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StartLapse: Understand what happens when a beneficiary dies before the testator, and the gift lapses. (2:22)
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StartAbatement: Understand the reduction of legacies when an estate's assets are insufficient to pay all the debts and legacies. (2:14)
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StartAdemption: Learn about the situation where a specific bequest in a will cannot be fulfilled because the item no longer exists. (2:24)
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StartDisinherit: Discover how to intentionally exclude someone from receiving an inheritance. (2:19)
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StartUnit 3: Special Situations in Estate Planning Quiz
Frequently Asked Questions
When does the course start and finish?
The course starts now and never ends! It is a completely self-paced online course - you decide when you start and when you finish.
How long do I have access to the course?
How does lifetime access sound? After enrolling, you have unlimited access to this course for as long as you like - across any and all devices you own.