Introduction to Estate Planning

Catalog description

Estate planning process; estate distribution probate, wills, trusts, gifts, life insurance; taxes incidental to an estate; administration of estates and trusts; analysis and selection of devices for lifetime and testamentary transfers of property. Identical with RMI 538 . May be taught concurrently with FIN 638. Cannot receive credit for more than one of FIN 538, FIN 638, RMI 538 , or RMI 638. Prerequisite: LAW 231 or LAW 600; and FIN 380 or FIN 381 or concurrent enrollment; and undergraduate business majors must be admitted to degree program.