2024 What You Need to Know About Estate and Gift Planning – It's Not Just for the Wealthy

(2 Credit Hours of Federal Tax Law)

Instant Access

This course demystifies the complexities of estate and gift planning. This session highlights that estate planning is essential for everyone, not just the wealthy. Doug Stives will delve into various aspects of estate planning, debunking common myths and providing actionable insights for effective wealth management and transfer.

Key Topics Covered:

  • Uncover the truth behind common misconceptions and understand the importance of an estate plan.
  • Learn about the broader scope of estate planning, including healthcare directives, trusts, and asset protection.
  • Understand potential legislative changes that could impact your estate planning strategies.
  • Discover practical approaches to communicate the value of wealth planning to clients and family members.
  • Understand the critical role tax preparers play in the estate planning process and the limits of their involvement.
  • Gain practical insights from real-life examples of successful estate and gift plans, showcasing various strategies and outcomes.

Learning Objectives:

  • Identify and correct common misconceptions about estate planning.
  • Prepare to adjust estate planning strategies in response to new laws and regulations.
  • Develop strategies to effectively communicate the value and necessity of wealth planning to clients and family members.
  • Apply lessons learned from real-life examples to create and implement effective estate plans for clients or personal use.

About the Presenter:

Doug Stives is considered a worldwide leader in public and management accounting by AICPA &CIMA. He is a CPA, MBA, and full-time professor of Accounting at Monmouth University and a professional speaker at many organizations and conferences. Doug was honored as Monmouth's Outstanding Business Professor of the Year in 2009 and 2016 and was awarded an Outstanding Educator award in 2021 by the New Jersey Society of CPAs. Frequent media exposure includes The Wall Street Journal and other national publications and television, including CNN, CNBC, PBS, NBC, Fox, CBS, ABC, and several cable networks. Doug was once dubbed as the "Most Tax Efficient Man in America" by the Wall Street Journal.