Fiduciary Accounting Part II: Tools, Rules & Relationship to Tax 25-26

Overview

To properly account for estates and non-grantor trusts, an advisor must understand the statutory requirements to account, the proper classification of revenue and expenses in a chart of account and the importance of provisions in the estate planning document. Additionally, the differences and similarities to fiduciary taxation must be understood. Be sure to register for all four parts: Fiduciary Accounting Part 1: Fiduciary Duty Basics & Authority Fiduciary Accounting, Part 2: Tools, Rules and Relationship to Tax Fiduciary Accounting, Part 3: Special Accounting Elections & Distributions from Entities Fiduciary Accounting, Part 4: The New Frontier (Total Return Trusts)