This course provides the basics of estate planning, including a review of wills, trusts, and business ownership.
Students who successfully complete this course will be able to:
- identify the various ways to transfer property at death
- understand the various forms of asset ownership
- describe how wills and trusts fit into the estate planning process
- understand the estate tax and gift tax exemptions
- understand how a family limited liability company can reduce estate tax exposure and facilitate asset transfer
- identify the issues surrounding business continuation upon the death of an owner
Retail, Investment Advisory