Personal & Family Retirement & Estate Planning

Activity Details

$983.33
Ongoing
8/1/2023
Any time

Registration is currently closed

Contact Information

352-273-3531
UF Dept. of Family, Youth, and Community Sciences
P.O. Box 110310
Gainesville, Florida 32611-0310

The intent of the retirement planning aspects of the course is to provide individuals with knowledge of both public and private retirement plans. The public plans include Social Security, Medicare, and Medicaid. The private plans include defined benefit and defined contribution plans and their regulatory provisions. The specifics of the various plans are analyzed as well as non-qualified deferred compensation plans. Finally, issues that individuals face in retirement, such as lifestyles choices and medical issues are discussed. The intent of the estate planning aspects of the course focuses on the efficient conservation and transfer of wealth, consistent with the client's goals. It is a study of the legal, tax, financial, and non-financial aspects of this process, covering topics such as trusts, wills, probate, advanced directives, charitable giving, wealth transfers and related taxes.

Course Objectives

Upon completion of this course, students will be able to:

  • Explain the importance of retirement planning for the pre-retirement accumulation period and the actual retirement when the funds are used.
  • Demonstrate the ability to provide a client with an evaluation of retirement needs.
  • Explain important provisions of Social Security and Medicare coverage.
  • Determine legal and tax requirements for a retirement plan to be considered qualified for income tax purposes.
  • Explain types of defined contribution and defined benefit qualified plans.
  • Compare personal savings plans used in the retirement planning process.
  • Explain deferred compensation and non-qualified retirement plans.
  • Explain plan selection and investment options.
  • Analyze and evaluate estate planning needs and taxation and recommend appropriate techniques for meeting estate planning and objectives.
  • Determine client estate planning needs and objectives, taking into account financial and non-financial (behavioral/social/emotional) aspects of estate planning.
  • Describe the effects of lack of estate planning, including state laws of intestacy.
  • Calculate estate taxation and liquidity needs in various situations.
  • Evaluate a client's situation and available estate planning strategies and techniques to recommend an appropriate plan to meet client objectives; monitor and recommend modifications based on changing circumstances.
  • Analyze and evaluate client need for various estate documents, including, without limitation, wills, trusts, powers of appointment and medical directives.
  • Explain the probate system, including its purpose and pros and cons.
  • Identify appropriate techniques for charitable giving during life and as part of an estate plan.
  • Identify and evaluate estate planning techniques for all family, relationship types in order to meet the needs; this includes owners of closely-held businesses, farms, and ranches.

Note: A request for refund must be received in writing within 10 days of beginning the course and can take up to 4 weeks to process.  Refund requests should be sent to the address, e-mail or fax below.  We reserve the right to modify or cancel a course/event when circumstances warrant, including insufficient registrations. In the event of cancellation, each registrant will be notified and issued a full refund. The University of Florida is not responsible for any other related expenses.  Please send refund requests to Nicole Sloan, University of Florida, P.O. Box 110310, Gainesville, FL  32611-0310 or to email nlsloan@ufl.edu or to fax number 352-392-8196. 

Registration is currently closed