Course Description
Principles and practices of family estate planning for the professional financial planner. Methods of property transfer at death, estate planning documents, family and charitable gifting strategies and gift taxation, incapacity planning, and calculation, deferral, and minimization of estate and gift taxes.
Athena Title
Estate Planning
Equivalent Courses
Not open to students with credit in FHCE 4220E, FHCE 6220, FHCE 6220E
Prerequisite
FHCE 3200 or FHCE 3200E or FHCE 3250 or FHCE 3250E
Semester Course Offered
Offered fall
Grading System
A - F (Traditional)
Course Objectives
This course will help students to: (1) understand and describe to clients the role of financial planning professionals and their linkages with other professionals involved in the estate planning process, (2) describe and apply methods of property ownership and property transfer at death, (3) understand planning for gifting and incapacity planning during one's life, (4) understand the calculation, deferral, and minimization processes regarding federal estate taxes, including the generation-skipping transfer tax (GSTT), (5) describe and discuss the advantages and disadvantages of types of trusts, and (6) identify estate planning objectives appropriate for individuals and families with various needs and methods, tools, and other professionals appropriate for meeting those objectives.
Topical Outline
A. Estate planning process, B. Methods of property transfer at death, C. Gifting strategies, D. Estate tax calculation, compliance, deferral and minimization, E. Trusts, F. Charitable giving, G. Use of life insurance, H. Disposition of estate.
Syllabus