A Practical Guide to Trusts
Total Credits: 8 including 8 Taxes - Technical
- Average Rating:
- Not yet rated
- Categories:
- ACPEN Industry Institute | Tax | IRS Approved
- Speaker:
- Arthur Werner
- Course Levels:
- Basic
- Duration:
- 8 Hours
Description
This course provides financial professionals with a comprehensive understanding of trusts and their role in estate planning. Participants will learn how to determine whether a trust aligns with a client's financial goals and explore strategies to maximize tax efficiency. The course covers various trust structures and their potential to reduce income, estate, and generation-skipping taxes at both federal and state levels. Additionally, it delves into trustee responsibilities and the benefits of irrevocable life insurance trusts and dynasty trusts.
With a focus on practical applications and real-world scenarios, this course equips CPAs, EAs, attorneys, bankers, and financial planners with the expertise to navigate probate avoidance, streamline asset distribution, and manage complex tax considerations. Whether working with revocable or irrevocable trusts, participants will gain the tools to enhance their clients' financial well-being across generations.
*Please Note: If you need credit reported to the IRS for this IRS approved program, please download the IRS CE request form on the Course Materials Tab and submit to kori.herrera@acpen.com
Basic Course Information
Learning Objectives- Identify the responsibilities and duties of trustees in trust administration.
- Apply trust strategies to help clients avoid probate and efficiently transfer assets.
- Analyze the tax implications of revocable living trusts, including income, gift, and estate tax considerations.
- Explain the role of marital deductions and evaluate the use of bypass trusts.
- Determine when irrevocable trusts are beneficial for estate planning.
- Assess the advantages and limitations of irrevocable life insurance trusts.
- Describe the characteristics and benefits of dynasty trusts in multi-generational wealth planning.
- Evaluate the effectiveness of estate planning tools such as GRIT, GRAT, GRUT, and QPRT.
Major Subjects
- Trustee responsibilities and trust administration
- Strategies for probate avoidance and efficient asset distribution
- Tax treatment of revocable living trusts
- Marital deductions and bypass trusts
- Uses of irrevocable trusts in estate planning
- Benefits of irrevocable life insurance trusts
- Multi-generational wealth planning with dynasty trusts
- Overview of estate planning tools: GRIT, GRAT, GRUT, and QPRT
Course Materials
| Important CPE Credit Instructions_READ BEFORE WEBCAST UPDATED (442.7 KB) | Available after Purchase | ||
| IRS Credit Request (267 KB) | Available after Purchase | ||
Speaker
Arthur Werner Related Seminars and Products
Werner-Rocca Seminars, Ltd.
Arthur Joseph Werner, JD, MS (Taxation), is the president and is a shareholder in the lecture firm of Werner-Rocca Seminars, Ltd. Mr. Werner’s lecture topic specialties include business, tax, financial and estate planning for high net worth individuals. In addition, Mr. Werner is an adjunct professor of taxation in the Master of Science in Taxation program at the Philadelphia University. Mr. Werner received his B.S. in Accounting and his M.S. in Taxation from Widener University. He holds a J.D. in Law from the Delaware Law School.
Mr. Werner lectures extensively in the areas of Estate Planning, Financial Planning, and Estate and Gift Taxation to Certified Public Accountants and Financial Planners, and has presented well in excess of 2500 eight-hour seminars over the past twenty-five years as well as numerous webinars and video presentations. Mr. Werner has been rated as having the highest speaker knowledge in his home state of Pennsylvania by the Pennsylvania Institute of Certified Public Accountants, was awarded the AICPA Outstanding Discussion Leader Award in the State of Nevada, the Florida Institute of CPAs Outstanding Discussion Leader Award, and the South Carolina Association of CPAs Outstanding Discussion Leader Award.
Dates
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Tue, Jun 17, 2025 - 09:00am to 05:00pm CDT
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Thu, Jul 17, 2025 - 09:00am to 05:00pm CDT
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Thu, Jul 31, 2025 - 11:00am to 07:00pm CDT
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Fri, Aug 08, 2025 - 09:00am to 05:00pm CDT
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Thu, Aug 28, 2025 - 11:00am to 07:00pm CDT
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Wed, Sep 17, 2025 - 09:00am to 05:00pm CDT
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Tue, Sep 30, 2025 - 11:00am to 07:00pm CDT
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Fri, Oct 17, 2025 - 09:00am to 05:00pm CDT
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Thu, Oct 30, 2025 - 11:00am to 07:00pm CDT
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Mon, Nov 17, 2025 - 09:00am to 05:00pm CST
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Wed, Dec 17, 2025 - 09:00am to 05:00pm CST
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Tue, Dec 30, 2025 - 11:00am to 07:00pm CST
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Sat, Jan 17, 2026 - 09:00am to 05:00pm CST
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Fri, Jan 30, 2026 - 11:00am to 07:00pm CST
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Tue, Feb 17, 2026 - 09:00am to 05:00pm CST
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Sat, Feb 28, 2026 - 11:00am to 07:00pm CST
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Tue, Mar 17, 2026 - 09:00am to 05:00pm CDT
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Sat, Mar 28, 2026 - 11:00am to 07:00pm CDT
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Fri, Apr 17, 2026 - 09:00am to 05:00pm CDT
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Tue, Apr 28, 2026 - 11:00am to 07:00pm CDT
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Wed, May 20, 2026 - 09:00am to 05:00pm CDT
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Thu, May 28, 2026 - 11:00am to 07:00pm CDT
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Additional Info
Basic Course Information
Prerequisites NoneAdvanced Preparation None
Designed For CPAs, EAs, attorneys, bankers, and financial planners
Original Recording Date 7/01/25
Course Developer Werner-Rocca Seminars
Date Added to Catalog 05/01/25
Yellow Book
No
Additional Information
Complaint Resolution PolicyPlease contact Anne Taylor for any complaints. anne.taylor@acpen.com, (972-377-8199).
Official Registry Statement
Business Professionals' Network, Inc. is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.nasbaregistry.org
Instructional Delivery Method
Group Internet Based
Course Registration Requirements
Online Registration
Refund/Cancellation Policy
Please contact the ACPEN help desk 1-877-602-9877 or help@acpen.com if you wish to cancel your attendance for a previously purchased webcast and are requesting a refund or transfer.