Brainscape's Knowledge GenomeTM

Browse over 1 million classes created by top students, professors, publishers, and experts.


See full index

l3 12 estate planning in a global context

This class was created by Brainscape user Steven Popovic. Visit their profile to learn more about the creator.

By: Steven Popovic
Start Studying

Decks in this class (12)

a discuss the purpose of estate planning and explain the basic concepts of domestic estate planning, including estates, wills, and probate;
No deck description has yet been added by the author.
0  cards
b explain the two principal forms of wealth transfer taxes and discuss the effects of important non- tax issues, such as legal system, forced heirship, and marital property regime;
No deck description has yet been added by the author.
0  cards
c determine a family’s core capital and excess capital, based on mortality probabilities and Monte Carlo analysis;
No deck description has yet been added by the author.
0  cards
d evaluate the relative after- tax value of lifetime gifts and testamentary bequests;
No deck description has yet been added by the author.
0  cards
e explain the estate planning benefit of making lifetime gifts when gift taxes are paid by the donor, rather than the recipient;
No deck description has yet been added by the author.
0  cards
f evaluate the after- tax benefits of basic estate planning strategies, including generation skipping, spousal exemptions, valuation discounts, and charitable gifts;
No deck description has yet been added by the author.
0  cards
g explain the basic structure of a trust and discuss the differences between revocable and irrevocable trusts;
No deck description has yet been added by the author.
0  cards
h explain how life insurance can be a tax- efficient means of wealth transfer;
No deck description has yet been added by the author.
0  cards
i discuss the two principal systems (source jurisdiction and residence jurisdiction) for establishing a country’s tax jurisdiction;
No deck description has yet been added by the author.
0  cards
j discuss the possible income and estate tax consequences of foreign situated assets and foreign- sourced income;
No deck description has yet been added by the author.
0  cards
k evaluate a client’s tax liability under each of three basic methods (credit, exemption, and deduction) that a country may use to provide relief from double taxation;
No deck description has yet been added by the author.
0  cards
l discuss how increasing international transparency and information exchange among tax authorities affect international estate planning.
No deck description has yet been added by the author.
0  cards

More about
l3 12 estate planning in a global context

  • Class purpose General learning

Learn faster with Brainscape on your web, iPhone, or Android device. Study Steven Popovic's L3 12 Estate Planning in a Global Context flashcards for their CFA Exam L1 class now!

How studying works.

Brainscape's adaptive web mobile flashcards system will drill you on your weaknesses, using a pattern guaranteed to help you learn more in less time.

Learn more about spaced repetition

Add your own flashcards.

Either request "Edit" access from the author, or make a copy of the class to edit as your own. And you can always create a totally new class of your own too!

What's Brainscape anyway?

Brainscape is a digital flashcards platform where you can find, create, share, and study any subject on the planet.

We use an adaptive study algorithm that is proven to help you learn faster and remember longer....

Looking for something else?

Find Flashcards
Make Flashcards
Brainscape helps you reach your goals faster, through stronger study habits.
© 2024 Bold Learning Solutions. Terms and Conditions