Principles of Estate Planning will help you master the complex area of estate planning and prepare for the CFP® Certification Exam. Gain experience-based guidance directly applicable in professional practice.
This textbook was written specifically to help master the complex area of estate planning and prepare for the CFP® Certification Examination, while also presenting experience-based guidance that is directly applicable in professional practice. The authors, Carolynn B. Tomin, CFP®, and Colleen Carcone, JD, CFP®, fully address all of the CFP® Certification Examination Principal Topics for Estate Planning. The book includes the following that create a comprehensive guide to helping clients create an estate plan.
“Learning Objectives” in each chapter that provide topic focus
“Client Situations” present practice scenarios and illustrate the practical application of key concepts in client situations
“Practitioner Tips” provide practical advice and guidance
“Practice Standards” highlight the related steps in the financial planning process from CFP Board’s “Standards of Professional Conduct”
Chapter summaries, key terms, and review questions that aid recall, retention, and review of the topics
Content that is systematically organized into subtopics to help simplify the understanding and retention of complex material
New in the 4th Edition:
Updated to reflect the latest tax code laws, rates, and exemptions enacted with the Tax Cuts and Jobs Act
Thoughtful analysis of the income tax considerations that may come into play when developing a client’s estate plan
“Practice Standards” that highlight the related steps in the financial planning process from CFP Board’s “Standards of Professional Conduct”
The importance of having and actively maintaining an estate plan
The steps involved in the estate planning process
Estate management tools
Updated tax rates and gift tax limits
And More! See the “Table of Contents” section for a full list of topics
Carolynn B. Tomin, CFP®, specializes in financial education. She is the Program Director for Boston University’s classroom and online financial planning programs and has augmented curriculum for the online program for fifteen years. She has taught estate planning courses, virtual reviews, and CFP® Certification Exam reviews for twenty years at colleges in Massachusetts and Florida, and for many banks and financial service companies in both states.
As cofounder of a financial education company, Beacon Hill Financial Educators, she developed and presented continuing education courses to many financial service corporations and financial planning organizations.
Ms. Tomin served as a member of CFP Board’s Council on Education from 2009 – 2012, and was appointed Chair in 2012. She has also served on the board of directors for the southwest Florida chapter of the Financial Planning Association (FPA). She is a former member of the Boston Estate Planning Council.
Colleen Carcone, CFP®
Colleen Carcone, CFP®, is a financial planning professional and attorney specializing in comprehensive estate and tax planning matters. Since 2008, Ms. Carcone has taught estate planning at Boston University’s Program for Financial Planning. Ms. Carcone also serves as a Wealth Planning Strategist for TIAA, where she provides wealth transfer, estate planning, and tax planning services for the company’s client needs.
Prior to joining TIAA, Ms. Carcone worked with Atlantic Trust Company, where she advised high-net-worth clients on all aspects of estate planning including basic planning, asset ownership, charitable gifting, multigenerational transfers, and other sophisticated estate planning strategies while working with clients’ outside advisors to implement these techniques. Formerly Ms. Carcone worked with Atlantic Benefit Group, an insurance firm, advising high-net-worth individuals and business owners and providing assistance with the implementation of advanced estate and business planning techniques utilizing life insurance.