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Living Trusts: Foundations and Key Concepts

Business

Living Trusts: Foundations and Key Concepts

Course 40351A · 2 hrs · CPA

Get grounded in the essentials of living trusts with this introductory course. You'll explore how living trusts are created, what makes a trust legally valid, and how trust gifts are constructed and interpreted. The course also covers powers of appointment, trust modification, and the practical role living trusts play in estate planning—including common misconceptions and scams clients may encounter. Ideal for CPAs and tax professionals who want a solid foundation before advising clients on trust-based planning strategies.

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  • Hours: 2
  • Exam questions: 10
  • Eligible for: CPA
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NASBA Area: Finance

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Living Trusts: Foundations and Key Concepts
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