The material includes the various criteria for selecting the most appropriate retirement arrangement for a given client scenario. The material also covers the provisions Social Security as well as the case analysis for determining both the amount of insurance and the most appropriate form of insurance for a given client situation as well as the identification of the corresponding risk exposures. Participants study portfolio theory and construction. Market makers, government securities, money market instruments, investment companies, Capital Asset Pricing, Dividend Growth modeling and performance indices are also covered. The material presented includes the Federal Income Tax formula and associated forms and schedules.
Participants further learn the various tax planning strategies and tax management techniques.
Also covered are the tax aspects and implications of various financial planning strategies, qualified and non qualified plans, different forms of business structures, transfer and disposition of property, installment sales, recognition of gains and losses, passive activity loss rules, classification of property, accelerated cost recovery rules, accounting methods, alternative minimum tax and family tax planning. The course covers the Federal Estate Tax calculation, the gross estate as well as the probate estate. Also covered are the effective use of trusts and wills, as well as gift taxes, the unified credit and transfer system, charitable transfers, intra-family business and property transfers, life insurance as an estate planning tool, and estate planning implications in community property states. Estate planning implications of IRA's and other capital accumulation arrangements are also treated. In partnership with Keir Educational Resources a comprehensive six full day review program is offered three times each year, preceding each of the national comprehensive examinations.