Estate and Wealth Transfers Flashcards by Raymond Tinglin

Q

Define the choices available in planning for incapacity.

A

How well did you know this?

1

Not at all

2

3

4

5

Perfectly

Q

Evaluate a client situation and objectives to select the appropriate incapacity planning strategy.

A

How well did you know this?

1

Not at all

2

3

4

5

Perfectly

CPWA (99 decks)

Charitable Planning

Executive Compensation

Portfolio Management- 1-4

Retirement Planning

Risk Management and Asset Protection

Estate and Wealth Transfers

Planning for Closely Held Business Owners

Tax Planning 3- Tax Implications of Trusts and Estates

Tax Planning 4- Tax Issues for High Net Worth Clients

Tax Planning 5- Implications of Various Intra- Family Income Shifting Strategies

Tax Planning 6- AMT and How It's Determined

Tax Planning 7- Implications Associated with AMT

Tax Planning 8- Income tax deductions and limitations specific to charitable giving

Tax Planning 9- Mortgage interest deductions and limitations

Tax Planning 10- Investment interest expense classifications and limitations

Tax Planning 11- Interest deductibility limits for passive business activities

Portfolio Management 5- Characteristics of Alternative Investments

Portfolio Management 6 - Alternative Investment Categories

Portfolio Management 7 - Pros and Cons of Alternative Investments

Portfolio Management 8 - Characteristics of Socially Responsible Investing

Portfolio Management - 9 Risk Management Strategies

Portfolio Management Strategies 10- Options Hedging

Portfolio Management -11 Non Option HedgingStrategies

Portfolio Management Strategies 12- Liability Driven Investing for

Investment Risk

Portfolio Theory

Portfolio Management Section Quiz

Retirement Planning - 2 Asset Accumulation Planning Strategies

Retirement Planning - 3 Impact of Return Sequencing on Sustainability of Retirement Distributions

Planning for Executives - 6 Regulatory rules and restrictions governing a corporate executive’s publicly held stock

Retirement Planning - 4 Analytical Forecasting Techniques Use in Projecting Retirement Outcomes

Retirement Planning - 6 Sustainable Withdrawal Rate Methodologies

Retirement Planning- 5 Tax Treatment of Distributions of Various Types of Retirement Plans

Retirement Planning- 7 Net Unrealized Appreciation (NUA)

Retirement Planning- 8 Asset Allocation Issues

Retirement Planning- 9 Roth Conversion Rules

Retirement Planning- 10 Stretch IRA Planning

Retirement Planning- 11 Post death Distribution Requirements Relative to Beneficiary Type

Planning for Executives - 1 Planning implications of stock option award programs

Planning for Executives - 2 Tax planning implications of exercises of both incentive and non-qualified stock options (e.g. basis, holding periods, and alternative minimum tax (AMT))

Planning for Executives - 3 Advantages and disadvantages of Section 83(b) elections in option strategies

Planning for Executives - 4 Different types of executive deferred compensation plans

Planning for Executives - 5 Equity compensation plans (restricted stock, phantom stock, and performance share plans),

Planning for Executives - 6 Regulatory rules and restrictions governing a corporate executive’s publicly held stock

. Planning for Executives - 7 Value, risks, and tax implications of utilizing cashless collars in concentrated stock situations

Planning for Executives - 8 Value, risks, and tax implications of utilizing prepaid variable forwards in concentrated stock situations

Planning for Executives - 9 Value, risks, and tax implications of utilizing portfolio margin strategies in concentrated stock situations

Planning for Executives - 10 Value, risks, and tax implications of utilizing exchange funds in concentrated stock situations

Planning for Executives - 11 Value, risks, and tax implications of utilizing charitable remainder trusts in concentrated stock situations

Planning for Executives - 12 Value, risks and tax implications of utilizing Section 10b-5(1) plans in concentrated stock situations

Charitable Giving and Endowments

Estate issues and wealth transfer

Planning for Closely Held Business Owners - 1 Financial Methods

Planning for Closely Held Business Owners - 2 Business Succession and Exit Strategies

Planning for Closely Held Business Owners - 3 Advantages and Disadvantages of Business Succession

Planning for Closely Held Business Owners - 4 Types of Business Entity Structures

Planning for Closely Held Business Owner - 5 Tax Treatment

Planning for Closely Held Business Owners - 6 Types of Buy-Sell Agreements

Planning for Closely Held Business Owners - 7 Funding Strategies for Buy-Sell Agreements

Planning for Closely Held Business Owners - 8 Evaluation Methodologies

Planning for Closely Held Business Owners - 9 Types of Discounts and Premiums

Planning for Closely Held Business Owners - 10 Types of Buyers

Planning for Closely Held Business Owners - 11 Benefits and Risks of Business Exit Structures

Planning for Closely Held Business Owners - 12 Financial Implications and Tax Treatment of Business Sales

Risk Management & Asset Protection - 1 Types of Insurance Coverage

Risk Management & Asset Protection - 2 Self-Insuring Strategy

Risk Management & Asset Protection - 3 Broad-based Asset Protection Strategies

Risk Management & Asset Protection - 4 Asset Protection Advantages and Disadvantages of Various Legal Entities

Risk Management & Asset Protection - 5 Offshore Entities

Risk Management & Asset Protection - 6 Self-settled Trusts

Risk Management & Asset Protection - 7 Predator and Creditor Protection Strategies

Risk Management & Asset Protection - 8 Fraudulent Conveyance

Risk Management & Asset Protection - 9 Legalities of Asset Protection Strategies and Entities

Risk Management & Asset Protection - 10 Income and Asset Protection Strategies in Marriage, Death, and Divorce

Risk Management & Asset Protection - 11 Transfer and Protection of Digital Asset Management

Planning for Executives - 4 Different types of executive deferred compensation plans COPY

Behavioral Finance 1- Neurological research and the relevance to financial decision making

Behavioral Finance 2- Various behavioral biases and how they may impact client decision making

Behavior Finance 3- Investor personality types and how they may impact client decision making

Family Dynamics 1- Key family roles and positions as they apply to related family organizations, trusts, and structures

Family Dynamics 2- When and how to incorporate the appropriate family office infrastructure tailored to the family’s wealth level and objectives.

Family Dynamocs 3- Questions to ask and documents needed to develop a family profile.

Estate and Wealth Transfers 2--Concept of powers of appointment

Estate and Wealth Transfers 3 Various aspects of postmortem planning

Estate and Wealth Transfers 4 Estate planning issues for non-traditional relationships

Estate and Wealth Transfers 5 Proper titling and beneficiary designation strategies

Estate and Wealth Transfers 6- Probate estates and intestacy issues

Estate and Wealth Transfers 7- Gift, estate, and generation skip tax (GST) rates and calculations

Estate and Wealth Transfers 8

Estate and Wealth Transfers 8-- Deferring or shifting estate tax liability

Estate and Wealth Transfers 9- Income in respect of a decedent

Estate and Wealth Transfers 10- Valuation discounts

Estate and Wealth Transfers 11- Use of trusts for estate planning

Estate and Wealth Transfers 12- Fiduciary and trustee issues for estate planning and administration

Estate and Wealth Transfers 13- Advantages and disadvantages of various trusts for estate planning

Estate and Wealth Transfers 14- Life insurance issues in the estate plan

Estate and Wealth Transfers 15 Estate planning strategies surrounding large illiquid assets

Planning for Executives - 13 Value, risks and tax implications of utilizing Section 10b-5(1) plans in concentrated stock situations