Estate and Life Planning Issues for the Middle Income Client [PMIC Anc]
Time: 8-4
Subject:
TaxationCredit Hours:
8.00Price:
Member: $295.00
Non-member: $445.00
Discussion Leader:
Robert R. Thelen, CPA
more info
Robert (Bob) Thelen is the owner of Robert R. Thelen, CPA, Ltd., a small practice located in Cold Spring, Minnesota. His areas of expertise, as well as what he most enjoys lecturing about, are in the areas of: individual and entity tax planning and preparation; payroll taxes and 1099 issues; retirement planning; Social Security and Medicare planning; and representing clients before taxing agencies. Mr. Thelen was President, CEO, and sole shareholder of another CPA firm located in Cold Spring, Minnesota, from 1992-2008. The company was heavily involved with income tax returns; payroll preparation and reporting; pension plan administration and compliance; retirement and individual financial planning; representing clients before taxing agencies; and life, health, and property/casualty insurance planning and sales. In 2016, he received the Surgent Outstanding Discussion Leader Award because of his consistently high evaluations for knowledge and presentation skills. Mr. Thelen was manager of a tax department for the firm now known as Clifton Larson Allen LLC from 1989-1992. He also had a professional career as a revenue officer and then a tax auditor with the Internal Revenue Service in St. Paul, Minnesota, from 1980-1989. Mr. Thelen holds a Masters of Pastoral Ministry from St. John’s University School of Theology. He also holds a Bachelor of Arts from Metropolitan State University. He is also a member of the Minnesota Society of CPAs and other professional organizations.
closeWebsite registration for this course closes on November 8, 2015. To register after this date please contact the society at akcpa@ak.net or 907-562-4334.
Full Description
Estate and Life Planning Issues For The Middle-Income ClientNovember 9, 2015
AKCPA Office
Anchorage, AK
LATE REGISTRATION POLICY
For registrations received less than 21 days from the course date will be charged a late fee of $50 for each 8 hour course and $25 for each 4 hour course.
Clients think that estate planning only applies to the very rich. In truth, there are many issues of critical concern for which the middle income client needs to plan. This course is a must-attend for all CPAs who work with middle-income clients and are looking for ways to provide additional quality services.
Major Topics:
More than 20 documents that should be reviewed that are neither a will nor trust
Identifying inheritance and death tax states, applicable rates, and tactics that may be used to minimize them
Reducing the impact of ancillary administration
Provisions you need in a will
When a trust is needed for children
Durable powers of attorney, for financial matters and for health care
Asset protection strategies: upsides and downsides
Management of insurance: umbrella liability, disability, and life
Sample documents that can facilitate loans to children
Dealing with marriage and divorce
Titling assets effectively
Avoiding the loss of capital and passive losses at death
Elder care planning
Learning Objectives:
Understand estate-planning issues unrelated to federal tax planning
Inventory the documents relevant to estate preservation
Understand methods of providing for children and the spouse
Designed For: CPAs who advise clients on tax planning
CPE Credits: 8, Tax
Level of Knowledge: Basic
Prerequisite: None
Acronym: PMIC
Discussion Leader: Robert Thelen, CPA
