Course Description

If you work with individual clients on personal financial planning or tax matters, it is natural for them to bring up end of life issues. When is the right time to draft a will? What are medical directives? What is probate? Even if you end up referring clients to an attorney to help them address these issues, it is important for you to know something about these topics. You can help clients better be prepared for their conversations about estate plans, if you know the topics to bring up. In this course, we will discuss basic estate planning questions that most clients need to address. We will talk about common will provisions and medical directives, so that you can feel more comfortable with the vocabulary of these topics. You can get your clients thinking about these topics, so that they can be better prepared to address them.

Learning Objectives

  • Identify important topics to bring up with clients when it comes to discussing wills.

  • State when a living will should be considered by a client.

  • Recognize common terms in wills and trusts.

Additional Required Materials

  • Level: Overview

  • Field of Study: Specialized Knowledge (NASBA); Estate Planning (CFP)

  • Who Should Attend: Practitioners who engage in personal financial planning.

  • Required Knowledge: None

  • Advanced Prep: None

Instructor

CPA, CPCU, MST, MBA David Peters

David Peters is the Founder and Owner of Peters Tax Preparation & Consulting in Richmond, VA. He has over fourteen years of experience in financial services, including 3 years in the hedge fund industry and six years in the insurance industry. David was the first-ever Chief Financial Officer at Compare.com - a position he held for over three years. He is a national CPE Instructor/Discussion Leader for the AICPA, Surgent, and Kaplan. He regularly teaches courses in accounting, finance, insurance, and ethics throughout the United States. He holds four Masters degrees and contributes regularly to various CPA publications, including NCACPA’s Interim Report, SCACPA’s CPA Report, and VSCPA’s Disclosures. He was also a co-author of the 2018 Virginia CPA Ethics course – a required course for all CPA’s licensed in the Commonwealth of Virginia.