PA 355T - Wealth Transfer

(3 units)

This course introduces the student to the way in which wealth is transferred upon the death of its owner. Wills, probate, and estate administration are taught in-depth as well as valuation of property, tax implications, and payment of debt. The course also discusses gifts, asset protection, second spouses, co-habitors and children of different marriages in the planning process in light of federal tax laws. A sophisticated review of trusts and other forms of ownership is offered. Pensions, IRA’s, and other forms of wealth transfers are reviewed.
Prerequisites: PA 352T or concurrent enrollment