The Wealth Advisory and Personal Trust Series is a comprehensive resource for today’s trust advisor. Updated annually, this four-part series details the most relevant topics in Fiduciary and Trust Activities, Financial Planning, Investment Management, and Tax Law and Tax Planning, enabling you to talk to your clients about many aspects of their financial lives.
Each workbook can be purchased individually for those concentrating on or needing a refresher on a specific area of the trust market. And all 4 workbooks in the series can be purchased at a discount. The workbooks are the reading materials for the CTFA Online Review Course.
- The Fiduciary and Trust Activities Workbook covers: The fiduciary relationship, including fiduciary and investment powers and duties; trust administration, receipts, payments and distributions; opening and closing an account, including alteration or termination of the trust; regulatory and compliance requirements; and, ethics.
- The Financial Planning Workbook covers: Personal finance, including meeting long-term goals and objectives through effective accumulation and distribution of wealth; life, disability, liability and long-term care insurance; retirement and estate planning; and, ethics.
- The Investment Management Workbook covers: Economics and markets; portfolio management, including the equity and debt markets; alternative investments; investment policy, client objectives and risk tolerance; performance management and evaluation, measuring return and risk, and establishing benchmarks; legal considerations; and, ethics.
- The Tax Law and Tax Planning Workbook covers: An overview of current tax laws; individual income tax, including exclusions, deductions, net investment income, AMT and the decedent's final 1040; fiduciary income tax, including trust and estates as taxable entities, basis, gain and loss, income in respect of a decedent, and the effects of a distribution; income taxation of charitable entities, private foundations and split-interest trusts; federal estate and gift taxation, valuations, the marital deduction and tax liability; generation-skipping transfer tax, including computation and liability; effective planning for marital trust, GST, retirement benefits and the closely-held business; and, ethics.