Assisting the Survivors: The CPA's Role in the Decedent's Estate

Code: ASDE

Space is available, but online registration has closed. Please call 952-831-2707 to register.

Date Monday, November 20, 2017
Time 8:30am - 4:30pm
Central Time
Location Minnesota Society of CPAs
1650 W 82nd St Ste 600
Bloomington, MN 55431-1458
Map & directions
CPE credits CPE 8.0
Instructor Don Cochran, JD, CPA, CFP®
Don Paul Cochran, CPA
Standard member fee $325.00
checkmarkStandard nonmember fee $375.00

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"Nothing is certain except death and taxes." So goes the famous Benjamin Franklin quote. You may be more comfortable with taxes, but when a client dies, their survivors rely on you to take care of the decedent's estate. Ensure you know how to counsel survivors and handle these important post-death issues, from estate taxes and trust accounting to state complications and income taxes.

Who should take this program?

CPAs and financial advisers who assist with decedents' estates

Major subjects

  • Key players in a decedent's estate
  • Estate probate steps and issues
  • Administrative trusts (post-death revocable living trust)
  • Testamentary trusts and their funding issues
  • Estate accounting -- a state's Uniform Principal and Income Act
  • Estate tax returns -- federal and state
  • How to handle post-death estate tax issues, including portability, disclaimers and estate tax returns
  • Income taxation of a decedent's estate
  • State complications of estates -- jurisdiction and taxation
  • CPA's duties and exposures in estate engagements

Learning objective(s)

  • Counsel survivors regarding issues arising following the decedent's passing
  • Handle issues involved with dealing with trusts arising from the estate
  • Handle estate and trust accounting under the applicable principal and income act
  • Deal with post-death estate tax issues, including portability, disclaimers and estate tax returns
  • Recognize state income tax issues arising from an estate and related trusts
  • Understand the exposures a CPA faces when advising survivors


Course code Code ASDE
Sponsor MNCPA
NASBA ID#: 139884
Level Intermediate
of study
Taxes - Technical (8.0)
Format Group Live
Prerequisites Prereq. None