The sole purpose and objective of an iCLAT is simple. . . TO GENERATE A LARGE IMMEDIATE CHARITABLE INCOME TAX DEDUCTION IN THE CURRENT YEAR, which is attributable to future gifts to charity! That's it. Add tremendous value to your clients who need tax savings this year, particularly for those who already make gifts to one of more charities (including to their donor advised fund) on an annual basis.
Listener Takeaways:
• Identify & Understand the 2 Common Ideal Client Situations for an iCLAT
• An iCLAT is a Perfect Tax Mitigation Tool for ROTH IRA Conversions, Large Bonuses, Business Sales & Other Large Income Events
• Learn How iCLATs Work Perfectly with Donor Advised Funds
• 2 Actual Client Cases Will Be Explained
• Distinguish the Simplicity of the iCLAT from Other Types of CLTs (Which are More Complicated & Focus on More Complex Estate Planning Matters)
This session is worth one CE credit for subscribers with the following designations: CFP, CLU, ChFC and RICP. And CPA subscribers will earn one CPE credit. And NAPFA members who subscribe will receive a completion certificate they can apply for NAPFA CE credits.
Field of Study: Specialized Knowledge
Prerequisites: There are no prerequisites for this session.
Advanced Preparation: None
Program Level: Basic
Delivery Method: Group Internet Based
NASBA Approved
Financial Experts Network (Sponsor Id#: 145173) is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.nasbaregistry.org.