CSMfacultyBrakefieldcsm420

CSM 420 PERSONAL ESTATE PLANNING

Instructor:  J Brakefield

Credit Hours:  3 hrs.

Course Description

Techniques of personal estate planning within the family life cycle.

Course Objectives

1.       demonstrate an understanding of the estate planning process.

          2.       identify characteristics of the unified transfer tax system.

          3.       analyze a specific scenario to calculate federal estate and gift tax liability.

          4.       evaluate a given situation to select the most appropriate exclusion or valuation technique.

          5.       identify the steps in the probate process.

          6.       identify characteristics and tax implications of various types of trusts.

          7.       analyze a given situation to identify income, estate, or gift tax implications of a life insurance contract.

          8.       analyze a given situation to select the most appropriate property for a lifetime transfer.

          9.       evaluate a specific situation to select the most appropriate use of a marital or nonmarital transfer.

          10.      evaluate a given situation to select the most appropriate charitable transfer.