Course Description

This course provides an introduction to federal gift, estate, and generation-skipping transfer taxes and the many planning techniques used to minimize the impact of these taxes on transfers of wealth. It also explores the income-tax effects of gifts and bequests, with particular attention to the limitations on income-shifting to family members. The nontax aspects of estate planning, including the estate planning process, property ownership, planning for incapacity, and planning for business owners are examined as are the need for estate planning documents for individuals, spouses, and unmarried couples. The course stresses the need for balancing tax and non-tax considerations in creating successful estate plans.

Modules included in this course:

• Overview of Estate Planning
• Forms of Property Ownership
• The Probate Process
• Estate Planning Documents
• Gifting
• Calculating the Gift Tax
• The Gross Estate
• Calculating the Estate Tax
• Charitable Gifting
• Generation-Skipping Transfer Tax
• Trusts
• Taxation of Trusts
• Business Planning
• Estate Planning Considerations

To inquire about Boston University’s Online Financial Planning Program, including upcoming course schedules and registration, please contact our education partners at MindMax, Inc. by calling 1-877-290-9005 or by visiting their website at financialplanningonline.bu.edu.

Applies Towards the Following Certificates