Utilizing Trusts & Estates as Part of a Tax Planning Strategy

CPE Available (3 Hours - Pending)

This course is designed for all tax practitioners to help develop a better understanding of how to utilize trust and estate planning as part of an overall tax strategy. This course explores the tax implications and benefits of various types of trusts. Finally, this course provides a clear understanding of the general tax law as it relates to trusts and estates.

Major Topics Covered

  • How trusts can benefit clients as part of an overall tax and wealth strategy.

  • When and how to use trust to reduce income tax.

  • How to differentiate various types of trust from a legal and tax standpoint

  • The various roles for all parties involved in a trust.

  • Current tax laws as they relate to trust and estates.

Learning Objectives

  • Identify when a trust can be helpful for tax planning.

  • Recognize how a trust can help clients to reduce income taxes.

  • List at least 3 parties involved in a trust.

  • Recall the role of each party involved in a trust.

  • Identify what type of trust does not provide asset protection.

  • Recognize common tax considerations for various types of trusts.

  • Recall where to find the rules for trusts and estates in the tax law.

  • Instructional Delivery Method

    Self-Study (On-Demand Video Training)

  • Field of Study


  • Program Knowledge Level


  • Prerequisites


  • CPE Hours

    3.0 CPE (Pending)

Course curriculum

  • 1

    Utilizing Trusts & Estates as Part of a Tax Planning Strategy

    • Utilizing Trusts & Estates as Part of a Tax Planning Strategy

    • Trusts & Estates - Part 1

    • Engagement and Review Questions - Part 1 (Required for CPE)

    • Trusts & Estates - Part 2

    • Engagement and Review Questions - Part 2 (Required for CPE)

    • Trusts & Estates - Part 3

    • Trust and Estates Final Assessment

Meet Tom Wheelwright

CPA, Entrepreneur, Best Selling Author, Rich Dad Advisor® & International Authority on Tax

Tom Wheelwright, CPA is the visionary and best-selling author behind multiple companies that specialize in wealth and tax strategy. Tom is also a leading expert and published author on partnerships and corporation tax strategies, a well-known platform speaker and a wealth education innovator.

Tom is a regular commentator in the field of taxes and contributes regularly to major professional journals and online resources. Tom’s work has been featured in hundreds of media, including Forbes, The Huffington Post, Accounting Today, CFO Magazine, ABC News Radio and AZTV Morning News, along with writing columns for Entrepreneur Magazine and Inman News. 

Tom is a global speaker on tax and wealth strategies for small businesses and investors. Since 2011, Wheelwright has been a keynote speaker at Rich Dad conferences worldwide on six continents (Africa, Asia, Australia, Europe, North America, and South America) with Robert Kiyosaki (Author, “Rich Dad Poor Dad”). 

 In 2017, interest in Tom’s approach to tax reduction and wealth-building became so great that Tom needed more than 1 CPA firm to properly serve each client. 

Tom created an education company:  WealthAbility® with the mission to educate more entrepreneurs and investors than ever before.  To service those customers, Tom premiered the WealthAbility® Network of tax professionals trained and certified in Tom’s concepts and practices.