Common Estate Planning Mistakes and How to Avoid Them (Completed)

This course will address the mistakes that clients typically make and that planners sometimes ignore or fail to consider. It will offer solutions and suggestions on the best ways to avoid these mistakes.

Topics Covered

• Failure to Plan
• Outdated Planning
• Mistakes made with life insurance policy and retirement plan beneficiaries
• Insufficient Consideration to the choice of fiduciaries
• Not properly understanding how trusts work
• Cautions about how charitable giving should be designed and presented

Learning Objectives

• Recognize the complexity of planning issues and why clients need to address them
• Identify and apply specific suggestions about how to improve retirement plan and life insurance beneficiary designations
• Describe protective arrangements for client assets
• Differentiate types of trusts and how they should be considered
• Recognize how to become an effective advisor for clients and their tax and estate planning needs

Level
Basic

Instructional Method
Group: Internet-based

NASBA Field of Study
Taxes (2 hours)

Program Prerequisites
None

Advance Preparation
None