CPAR Taxes

CPAR - 2020/April, Seg.03 - Planning for the 2020 Elections

Course Overview
Elections bring uncertainty, and with uncertainty, most financial professionals wish they had a crystal ball, in order to plan accordingly for their clients. In 2012, in anticipation of a drop in the estate tax exemption from $5 million to $1 million, estate planning became a frenzy of activity as taxpayers tried to get planning done before the end of the year. Planning ahead is often a conundrum, especially tax planning, and most people avoid it, hoping that the unknown will be more favorable than the existing. Martin Shenkman, CPA discusses the importance of planning ahead of the upcoming 2020 elections.

Learning Objectives:

Upon successful completion of this segment, you should be able to:

  • Identify the importance of conducting estate planning in advance of the 2020 elections;
  • Determine the impact a reduction in the estate tax exemption would have on taxpayers;
  • Identify different ways to structure a Spousal Lifetime Access Trust to provide the greatest benefit; and
  • Recognize the various techniques that can be implemented to provide asset protection.

Prerequisites/Advanced Preparation:

Work experience in tax planning or tax compliance, or an introductory course in taxation.

Speaker / Author:

SmartPros Ltd. is a leader in online and offline continuing education for accounting, finance and engineering professionals. With over 2,000 hours of content, SmartPros has been providing mandatory continuing education products since 1981. SmartPros provides services and content to its professional and corporate clients, in a variety of media including Web, CD-ROM, and video. In the accounting market, SmartPros also has a predominant news and information portal which receives 200,000+ visits per month and provides services to over 100,000 subscribers. SmartPros' customers include 50% of the Fortune 500, as well as the major firms and associations in each of its professional markets.

Price (USD)

Standard: $69.90


Course Code : CPAR1445-FM

Length : 1hr 40min
Course Level : Update
Course Type : Self-Study
Passing Grade : 70%
Format Type : eLearning
Mobile Compatible
Field Of Study : Taxes

Included In

Returning Subscribers

- OR -