Trust & Estate Mastery Series: Reading Trust Documents (2 hours - late morning) - NEW! - Webcast
Overview
In this session you will learn how to create a synopsis of critical trust terms and provisions, correctly interpret mandatory and discretionary distribution language, understand how the marital deduction functions for trusts, and identify and understand the tax implications of various trust funding formulas. This course is recommended to take first before the others in the series.
This event is part of the Trust & Estate Mastery Series Bundle. There are 10 courses included in the bundle designed to equip CPAs, tax preparers, and fiduciary professionals with a complete understanding of trust taxation—from the basics to advanced concepts.
Each course is a stand-alone topic. If you miss one in the series, no worries! Purchase individual courses or purchase the Trust & Estate Mastery Series Bundle and save up to $150!
Highlights
- Creating a clear synopsis of critical trust terms and provisions
- Identifying key administrative and dispositive provisions in trust documents
- Interpreting mandatory vs. discretionary distribution language
- Understanding trustee powers and beneficiary rights
- Marital deduction planning within trust structures
- How QTIP and other marital deduction trusts function
- Tax implications of various trust funding formulas
- Formula clauses and allocation mechanics (pecuniary vs. fractional share)
- Income tax and estate tax considerations in trust administration
- Common drafting pitfalls and interpretation challenges
Prerequisites
Basic understanding of individual taxation
Designed For
CPAs, tax preparers, and fiduciary professionals who want to understand trust taxation-from the basics of trust structure and document intrepretation to advanced concepts.
This event is part of the following bundles:
Trust & Estate Mastery Series Bundle
Multiple Events Between -
Up to 20.0 Credits
Member Price: $600
This comprehensive Trust & Estate Mastery Series is designed to equip CPAs, tax preparers, and fiduciary professionals with a complete understanding of trust taxation—from the basics of trust structure and document interpretation to advanced concepts like Distributable Net Income, complex trust elections, and the taxation of specialized trusts. Sign-up today and take the first step towards becoming a Trust & Estate expert!There are 10 courses in the bundle. Each course is a stand-alone topic. If you miss one in the series, no worries! Purchase individual courses or purchase the Trust & Estate Mastery Series Bundle and save up to $150!
Leader(s):
Leader Bios
Clinton Bentz, Member, Clint Bentz Consulting LLC
Clint Bentz, CPA, CMA is the founder and managing member of Clint Bentz Consulting, LLC, a family business consulting firm specializing in estate and succession planning for family-owned businesses. Prior to founding Clint Bentz Consulting in 2018, he worked as a corporate controller and planned giving officer, and then spent 30 years working in public accounting as a CPA at Boldt Carlisle + Smith, becoming a Member of the firm in 1999 and leading the firm's trust and estate group. Clint also serves as adjunct faculty for Cannon Financial Institute, teaching courses on advising family business owners on succession, fiduciary income tax, estate, gift and generation skipping transfer taxes, and charitable giving, trusts and foundations. His award-winning "Ties to the Land: Your Family Forest Heritage" succession planning curriculum is published in partnership with the OSU Extension Service and the OSU Austin Family Business Program and has been used in 22 states. As a family forest landowner he and his family were recognized as the 2002 National Outstanding Tree Farmers of the Year by the American Forest Foundation. He is the past chair of the American Forest Foundation and American Tree Farm System and is an OSU Extension Service Master Woodland Manager. He has served on several Oregon Board of Forestry working groups and is a long-standing member and former chair of the OSCPA Forest Products Committee. He helped rewrite Oregon's estate tax statute in 2011 and Oregon's property tax statutes for woodland owners in 2003. He is the chairman of the pastoral council for the Archdiocese of Portland and the music director at Our Lady of Lourdes Catholic Church.
(12-31-25)
Non-Member Price $110.00
Member Price $75.00