| Description |
This class gives the student the tools and knowledge to help potential clients control how assets and affairs will be handled after death or incapacity. Estate planning involves creating legal documents, such as wills, trusts, powers of attorney, and health care proxies, that specify a customer's wishes and designate beneficiaries, fiduciaries, and agents. Estate planning also involves minimizing or avoiding estate and gift taxes, such as gifting, charitable donations, life insurance, and trusts. Estate planning requires a thorough understanding of the federal and state laws and regulations that affect the transfer of property and the taxation of estates and gifts. |