Trusts as Retirement Plan Beneficiaries 2022
Available Until
Self-study
2.00 Credits
Member Price $69.00
Non-Member Price $89.00
Overview
Often trusts are named as beneficiaries for Individual Retirement Accounts and other retirement arrangements. The choice has an impact on both income tax and estate planning. Trusts allow the IRA owner or plan participant to have beyond-the-grave control over the distribution payouts.
Highlights
- What is the significance of the retirement plan beneficiary?
- Primary vs. contingent beneficiaries
- Is a trust a "designated beneficiary?"
- Why do people want to name a trust as the beneficiary?
- Income tax aspects of trusts as beneficiary
- What happens when the trust beneficiary dies?
Objectives
- Recognize reasons trusts are named as beneficiaries
- Identify the types of trusts used and their tax characteristics.
- Determine how the probate code affects beneficiary trusts.
- Develop strategies to assist clients dealing with plan custodians.
Notice
This is a self-study/on demand course offered by a 3rd party vendor and will NOT be accessible in the My Upcoming CPE section of the ISCPA website. Course access information will be emailed directly to you by CalCPA. The course expires one year from the purchase date. Format = Online Self-Study.
Non-Member Price $89.00
Member Price $69.00