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Life Cycle of a Revocable Living Trust

Recorded On: 10/19/2022

  • Registration Closed

More and more clients are creating revocable living trusts. This session is an in-depth analysis of the income and estate taxation of revocable living trusts – from creation to dissolution. Also discussed will be selected operational issues.

Learning Objectives

At the end of this course, you will be able to:

  • Describe how income and estate taxes impact revocable living trusts
  • Identify the allowable methods of filing income tax returns and how to change filing method
  • Identify when a revocable living trust needs an employer identification number and when it needs a NEW employer identification number
  • Make a Section 645 election – with or without a probate estate

NASBA CE: 0
CTEC CE: 0

NSA Webinar Program Level: Basic
Prerequisites: None   
Advance Preparation: None   
Delivery Method: Group-Internet Based

No refunds or exchanges for cancellations. For more information regarding refund, complaint and/or program cancellation policies, please contact NSA toll-free at 800-966-6679.

NSA is approved by NASBA, the IRS, ACAT, and CTEC as a provider of continuing professional education.

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Alice Orzechowski

Alice Orzechowski, CPA, CMA, EA, is a national speaker on tax topics. Currently she is teaching Federal Tax Updates both Individual and Business for Western CPE. She is also the author of numerous articles and textbooks for tax professionals including “101 Tips for Maximizing College Financial Aid” and “Success Strategies for Understanding and Avoiding AMT”. Her CPA practice in Frederick, MD specializes in taxes for individuals, small businesses and estates and trusts.

Components visible upon registration.

NSA is approved by NASBA, the IRS, ACAT, and CTEC as a provider of continuing professional education.

The National Society of Accountants 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: https://www.nasbaregistry.org/.

NSA has been approved by the California Tax Education Council to offer the above courses to go towards the annual "continuing education" requirement imposed by the state of California. A listing of additional requirements to register as a tax preparer may be obtained by contacting CTEC at P.O. Box 2890, Sacramento, CA, 95812-2890, by phone at (877) 850-2832, or on the Internet at www.ctec.com.