This textbook was written specifically to help master the complex area of estate planning and prepare for the CFP® Certification Examination, while also presenting experience-based guidance that is directly applicable in professional practice. The authors, Carolynn B. Tomin, CFP®, and Colleen Carcone, JD, CFP®, fully address all of the CFP® Certification Examination Principal Topics for Estate Planning. The book includes the following that create a comprehensive guide to helping clients create an estate plan.
- “Learning Objectives” in each chapter that provide topic focus
- “Client Situations” present practice scenarios and illustrate the practical application of key concepts in client situations
- “Practitioner Tips” provide practical advice and guidance
- “Practice Standards” highlight the related steps in the financial planning process from CFP Board’s “Standards of Professional Conduct”
- Chapter summaries, key terms, and review questions that aid recall, retention, and review of the topics
- Content that is systematically organized into subtopics to help simplify the understanding and retention of complex material
New in the 4th Edition:
- Updated to reflect the latest tax code laws, rates, and exemptions enacted with the Tax Cuts and Jobs Act
- Thoughtful analysis of the income tax considerations that may come into play when developing a client’s estate plan
- “Practice Standards” that highlight the related steps in the financial planning process from CFP Board’s “Standards of Professional Conduct”
Topics Covered:
- The importance of having and actively maintaining an estate plan
- The steps involved in the estate planning process
- Estate management tools
- Updated tax rates and gift tax limits
- And More! See the “Table of Contents” section for a full list of topics
