Program Overview
July 08, 2026 | 1:00 pm - 3:00 pm| Webinar
Hosted by CSEA Chapters Statewide
Speaker Alice Orzechowski, CPA, CMA, EA
Description
More and more clients are putting their assets into revocable living trusts. This session reviews the tax treatment of revocable living trusts from creation by the client to the client's death. We will answer such questions as: What tax identification number is used and when do we need to obtain a new number; What form is used and when do we need to change; What happens if the grantor is declared incompetent; What happens when the grantor dies.
Learning Objectives
1) Describe how income and estate taxes impact revocable living trusts.
2) Identify the allowable methods of filing income tax returns and how to change the filing method.
3) Identify when a revocable living trust needs an employer identification number and when it needs a NEW employer identification number.
4) Understand how to make a Section 645 election – with or without a probate estate.
Learning Level Basic
Prerequisites & Advance Preparation None
Continuing Education
IRS: 2 hours Fed Tax Law Topics | CTEC: 2 hours Federal Tax Law Topics | CA Bar: 1.75 hours Taxation Law | CPA CA: 2 hours Taxes (Self-Reporting)
Pricing
Member: $29.95 | Non-Member: $59.95
Webinar Details
After registering, everything you need for attending this webinar will be found in Your Learning Center.
Cancellation/Refund Policies
Please contact the host chapter at info@csea.org for refund/cancellation policies related to this event.