Training for CPAs and Lawyers.

General Overview

John provides continuing education courses for lawyers, CPAs and other professionals.  A list of current continuing education courses offered appears below:

List of Courses

#1: THE ADMINISTRATION OF DECEDENTS’ ESTATES IN NORTH CAROLINA – PART I

This seminar is a basic course designed to show CPAs and attorneys how to add estates administration to their practice.  This lecture discusses the opening of an estate, recording data, completing inventories and the laws of intestacy.  (This seminar is a prerequisite to The Administration of Decedents’ Estates in North Carolina – Part II).

CREDIT HOURS:   CPE:   6.0 hours          CLE:   5.0 hours
DATES: Nov. 2, 2012/Feb. 1, 2013        TIME:  9:00 a.m. – 3:30 p.m

#2: THE ADMINISTRATION OF DECEDENTS’ ESTATES IN NORTH CAROLINA – PART II

This seminar is a basic course designed to show CPAs and attorneys how to add estate administration to their practice.  This lecture discusses the law of wills, probate, estate accounting procedures, paying claims, distribution of assets by will and statute; other topics are discussed in detail.  (Part I of this Seminar is a prerequisite to Part II).

CREDIT HOURS:   CPE:   6.0 hours          CLE:   5.0 hours (1 hour Ethics)
DATES: Nov. 9, 2012/Feb. 8, 2013         TIME:  9:00 a.m. – 3:30 p.m

#3:  UNDERSTANDING U.S. AND N.C. ESTATE, GIFT AND INHERITANCE TAXES

This is a basic course that discusses federal and state estate, gift and inheritance  taxes.  A foundation is laid with a discussion of the unified tax rates and credits, composition of the gross estate and income tax aspects of gift and estate taxation at both the federal and state level.  Topics discussed include taxable vs. non-taxable gifts, insurance transfers, valuation of gifts and bequests, tax credits, QTIPs, and generation-skipping transfers.  Comprehensive problems are discussed.

CREDIT HOURS:    CPE:   6.0 hours         CLE:   5.0 hours
DATE: November 16, 2012                      TIME:    9:00 a.m. – 3:30 p.m.

#4: INTRODUCTION TO ESTATE PLANNING

This basic course in estate planning starts with a discussion of fundamental concepts including the unified credit, unlimited marital and charitable deductions, valuation of gifts and bequests, estate planning documents, income tax aspects of gifts, probate vs. non-probate property, and composition of the gross estate.  More than a dozen case studies are reviewed.  Several estate planning tools are discussed including reverse gifts, disclaimers, life insurance trusts, annuities, joint ownership, generation-skipping transfers, and QTIPs.  Estate planning checklists, malpractice traps and comprehensive problems are discussed.

CREDIT HOURS:  CPE:   7.5 hours      CLE:   6.5 hours                                          DATE: December 7, 2012                        TIME:   9:00 a.m. – 5:00 p.m.

#5:  ESTATE PLANNING MALPRACTICE TRAPS

This introductory course is designed to help CPAs, attorneys and other professionals provide their clients with guidance in avoiding common estate planning pitfalls.  Topics covered include the misuse of reciprocal wills, living trusts and credit shelter trusts.  The disadvantages of trying to avoid probate are discussed as is the failure of not having all necessary estate planning documents drawn (e.g. wills, pre– and post-nuptial agreements, etc.)  Strategies for reducing a client’s taxable estate and using estate planning tools to further reduce death taxes are discussed.  The disadvantages of holographic wills, jointly-owned property and gifting of appreciated property is also discussed.  This course concludes with an explanation of post-mortem estate planning tools that are often overlooked (e.g.  N.C.’s community property statute, IRS § 691, etc.)

CREDIT HOURS:  CPE:  6.0 hours   CLE:   5.5 hours
DATE: December 14, 2012                 TIME:   9:00 a.m. – 4:00 p.m.

#6:  RETIREMENT PLANNING MISTAKES

Many clients who are retired or approaching retirement seek the advice of CPAs, attorneys and other professionals.  This course helps professionals recognize major mistakes clients can make as they enter retirement.  Topics include selecting the proper survivorship benefit plan upon retirement, IRA and retirement fund distributions, protecting retirement accounts from creditors and taxation, avoiding taxation of Social Security, investing without risk and the income and death tax treatment of retirement accounts.  Increasing income with annuities, reverse mortgages, and other financial tools, the pitfalls of avoiding probate, avoiding scams, maintaining proper insurance and working after retirement are also discussed.  The course concludes with a discussion of investing in stocks, annuities and mutual funds for retirement as well as the new tax laws relating to retirement.

CREDIT HOURS:  CPE: 6.0 hours        CLE:  5.0 hours
DATE:  December 20, 2012                  TIME:   9:00 a.m. – 3:30 p.m.

#7: POST-MORTEM & NON-TRADITIONAL ESTATE PLANNING

This course deals with post-death elections to reduce income and estate taxes.  Renunciations, disclaimers, waiver of commissions, QTIPs, reverse QTIPs, distribution of retirement accounts, § 2057 [qualified family business election (formerly § 2033A)], and deferred tax payment plans are some of the topics discussed.  The new “hot topic” of non-traditional estate planning will also be discussed.

CREDIT HOURS:     CPE:    4.0 hours    CLE: 3.0 hours
DATE:  December 21, 2012                   TIME: 8:45 a.m. – 12:00 p.m.

#8: LIVING TRUST LIVING HELL – WHY YOU SHOULD AVOID REVOCABLE LIVING TRUSTS

This course examines the many supposed benefits of this estate planning tool.  Although living trusts can be used to the advantage of clients, many attorneys “oversell” the advantages.  Contrary to popular belief, living trusts are not the silver bullet of estate planning.  Over three dozen myths, traps and lost protections involving living trust are discussed.  Attendees receive a copy of the book Living Trust Living Hell – Why You Should Avoid Revocable Living Trusts written by the lecturer.

CREDIT HOURS:  CPE:     4.5 hours       CLE: 3.5 hours
DATE: December 21, 2012                      TIME:  1:15 p.m. – 5:00 p.m.

 

Registration Information

If you are interested in attending an upcoming continuing education course, the registration form can be downloaded here [click], completed and returned to our office.  If you have any questions, please do not hesitate to contact Donna Spiers at 919-832-2687.