eLearning Course Catalog     Log Into ABA eLearning     AIB Overview     Trust Curriculum ESTATE PLANNING FOR LIFETIME GIFTS - ABA eLearning Price: $160 members; $215 non-members     ENROLL NOW Course Credits:  AIB: 0.25; ICB: 3.75 CTFA/TAX; CFP: 1.0 Prerequisites:  Basic knowledge of estate and gift taxes Course Description:  Estate Planning for Lifetime Gifts introduce students to the concepts of lifetime gifts, use of the annual exclusion and various techniques for transferring assets. Learning Objectives After completing this course, students will be able to: ·         Assist clients with determining whether they should incorporate a plan of lifetime gifts within their estate plan. ·         Advise clients on how to make effective use of the annual exclusion and techniques for transferring assets to minors. ·         List the requirements for a Crummey trust and when they may be appropriate for client situations. ·         List the features and limitations of GRITS, GRATS, and GRUTS, and suggest strategies for using them when appropriate. ·         Apply the principles learned in Gifts, Generation Skipping Transfer Tax in Lifetime Gifts, Gifts of Insurance, and GRITS, GRATS, and GRUTS to determine when and when not to make a lifetime gift. Audience:  Trust officers who have already completed Building Trust Expertise Levels 1 and 2 and have two or more years experience working with trust clients managing more complex trusts, including tax law and investments. For further information, please call 212-297-1679 or elegg@nyba.com. The New York Bankers Association is a Local ABA Training Provider.