Estate Planning Essentials:Tax Relief for Your Clients' Estates

The 2010 Tax Relief Act provides a two-year window for estate and gift planning.  Planning alternatives are key now and beyond the two year extension. What is the estate tax? What is the gift tax? How are they inter-related? Explore the use of wills, trusts, and life insurance as vehicles to reduce the estate tax. Whether your client is accumulating wealth or planning for its distribution upon death, you can advise them on the most tax efficient way to structure their affairs to minimize the taxation on the transfer of their wealth to intended beneficiaries.

• Grasp the structure of the estate and gift tax
• Minimize transfer taxes by incorporating exemptions and credits to due
• Advise clients on filing requirements for Forms 706 and 709

Prerequisite:  None