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Certificate Course
Use of Trusts in Tax & Estate Planning
Program
DMA™ - Retirement Income Services Specialist
Overview
Trusts are used on an ever-increasing basis to plan for the wealth and succession objectives of medium and high-worth clients. The advisor with the ability to assist with that process creates the opportunity to establish a long-term, potentially intergenerational connection with a client and their family; provided their strategy considers recent tax changes in the planning process.
The Introduction to Trusts course offered by Knowledge Bureau covers everything from basic trust mechanics to essential details on trusts for disabled beneficiaries
Course Content
Chapter 1 | Basic Trust Mechanics
Chapter 2 | Trusts as Mechanisms to Exert Control
Chapter 3 | Basic Tax Treatment
Chapter 4 | Testamentary Trusts
Chapter 5 | Inter Vivos Trusts, Inter Vivos Trusts
Chapter 6 | Charitable Remainder Trusts
Chapter 7 | Alter Ego and Joint Partner Trusts
Chapter 8 | Insurance and RRSP Trusts
Chapter 9 | Spousal Trusts
Chapter 10 | Trusts for Disabled Beneficiaries
Student Experience
This course provides an extensive knowledge about the use of trust in tax and estate planning and is to be recommended as part of a background for a tax professional. It clearly spelled out the structure, advantages and disadvantages of each type of trust. The study cases give a valuable insight into handling a variety of situations where the establishment of a trust is warranted.
—Halina S., AB
Opportunity
Trusts are used on an ever-increasing basis to plan for wealth and succession objectives for medium and high worth clients. An advisor who can assist with that process enjoys the opportunity to nail down long-term, intergenerational connections with clients and their families.
What You'll Learn
You will come to understand the basics of trusts and learn how to explain them to clients. You'll also learn how to avoid probate fees using alter ego trusts and RRSP trusts, and reduce income taxes using charitable remainder trusts, estate freezes, and testamentary trusts. Among the subjects covered is learning how to protect children from gold-diggers, protect wealth from creditors, and safeguard beneficiaries from poor financial judgment using control designed trusts. Also covered is learning to help clients with disabled beneficiaries. You will also learn about graduated rate estates and utilizing capital and business losses. Identifying opportunities and needs for insurance products as part of trust planning is a subject area as well.
What’s Included
• Personal course selection consultation
• Virtual campus orientation
• Lesson and study plans
• Personal instructor email support
• Comprehensive Knowledge Journal
• EverGreen Online Research Library
• Knowledge Bureau calculators
• Testing and certification
• CE/CPD accreditation
Marking Guide
All students who pass the course will receive a certificate. Students who receive a mark of 90% or better will receive a gold honours bar on their certificates.
CE | CPD Credits
Knowledge Bureau | 30 CPE credits
Most regulators and associations accept Knowledge Bureau certificate courses for continuing education credits.
Learn Your Way
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In-Class
Complement your online education with CE Summits. Held in November, January and May, these one-day, instructor-led workshops offer peer-to-peer learning experiences to students who prefer studying in groups.
In-Conference
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Knowledge Base
Tap into a comprehensive, centralized clearinghouse of trusted information, including great books, Knowledge Bureau Report, online calculators and research libraries.
