If You Know the
Basics of Estate and Trust Administration
You Can Expand Your Practice Revenue

With the senior segment of our population continuing to grow, there is an increasing opportunity for all estate planning professionals to service the estates and trusts of decedents.

If you’re a CPA, this means the potential for more 1041 and 706 preparation fees (as well as fees for past due 709’s and the decedent’s final 1040).

If you’re an estate planning attorney, this means more fees for probate, estate and trust work, not only for the Executor or Trustee, but for the beneficiaries (as well as some of the above tax return prep).

If you’re a financial advisor, there’s the great opportunity to work closely with a deceased clients’ (or their Executor’s or Trustee’s) CPA and attorney, to assist them with certain tasks and thereby gather more assets under management.

But you need to know the basics.

Join us and nationally renowned CPA and tax expert, Robert S. Keebler, CPA/PFS, MST, AEP (Distinguished), CGMA, on a presentation entitled, “Estate and Trust Administration for CPAs and Financial Advisors”.

During this 90-minute presentation, you’ll learn:

  • The tax and non-tax related steps that must take place in an estate administration (you’ll even get an Estate Administration checklist!)
  • When you need to get an EIN and file special forms (like Forms SS-4, 56, 4810 and 5495)
  • The key, and often overlooked, IRS forms that should be filed in virtually every estate (which are not tax returns!)
  • Preparation of the decedent’s final income tax return (a quick, line by line analysis of Form 1040, including planning issues and strategies!)
  • Preparation of the estate (or trust) fiduciary income tax return, Form 1041 - - including a review of such key concepts as:
    • Complex vs. simple status
    • Grantor vs. Non-Grantor
    • “Fiduciary accounting income”
    • Allocating income between the 1040 and 1041
    • “DNI”
    • The 65 day rule
    • Pecuniary and specific bequests
    • “IRD”
  • Preparation of any gift tax return, Form 709, which may be due - - including a review of such key concepts as:
    • Annual exclusion
    • “Gift-splitting”
    • “Adequate disclosure”
    • Generation skipping transfer tax exemption allocation
    • Valuation adjustment clauses
  • Preparation of the estate tax return, Form 706 (which may be appropriate even if no taxes are due!) - - including a review of such key concepts as:
    • Gross estate
    • Marital deduction
    • Alternate valuation
    • “Portability”
    • Basis adjustment
  • Special considerations for IRAs and ERISA plans
  • Property law issues that affect the 706 and 709 (particularly with regard to community property)
  • Special S-Corp, partnership and LLC elections and issues
  • If you’re a CPA or financial advisor, how to work successfully with the Trust’s or Estate’s legal counsel
  • How to protect you, as the tax preparer, and the Executor or Trustee, when closing the administration!
  • And much, much more!

Your purchase includes: Downloadable PDF handout materials and MP3 audio recording. A PDF transcript may be added on for an additional fee during the checkout process.

  • Program Title: Estate and Trust Administration for CPAs and Financial Advisors
  • Speaker:
  • Duration: 90 minutes

Robert S. Keebler

CPA/PFS, MST, AEP (Distinguished), CGMA
Robert S. Keebler

Robert S. Keebler, CPA/PFS, MST, AEP (Distinguished), CGMA is a partner with Keebler & Associates, LLP and is a 2007 recipient of the prestigious Accredited Estate Planners (Distinguished) award from the National Association of Estate Planning Counsels. He has been named by CPA Magazine as one of the Top 100 Most Influential Practitioners in the United States and one of the Top 40 Tax Advisors to Know During a Recession. Mr. Keebler is the past Editor-in-Chief of CCH’s magazine, Journal of Retirement Planning, and a member of CCH’s Financial and Estate Planning Advisory Board. His practice includes family wealth transfer and preservation planning, charitable giving, retirement distribution planning, and estate administration. Mr. Keebler frequently represents clients before the National Office of the Internal Revenue Service (IRS) in the private letter ruling process and in estate, gift and income tax examinations and appeals.

In the past 20 years, he has received over 150 favorable private letter rulings including several key rulings of “first impression.” Mr. Keebler is nationally recognized as an expert in estate and retirement planning and works collaboratively with other experts on academic reviews and papers, and client matters. Mr. Keebler is the author of over 75 articles and columns and editor, author, or co-author of many books and treatises on wealth transfer and taxation, including the Warren, Gorham & Lamont of RIA treatise Esperti, Peterson and Keebler/Irrevocable Trusts: Analysis with Forms.

Mr. Keebler is a member of the editorial board of the Society of Financial Service Professionals “Keeping Current” series. He is a featured columnist for CCH’s Taxes Magazine – “Family Tax Planning Forum,” Steve Leimberg’s “News of the Week Newsletter” and the Bureau of National Affairs Tax Division. Bob also had his article “Is That Your ‘Final’ Answer?” published in Tax Management Compensation Planning Journal. Bob frequently is quoted in national publications such as New York Times, Chicago Tribune, Baltimore Sun, Barrons, Bloomberg Wealth Manager, Financial Advisor, Forbes, Kiplinger, Lawyer’s Weekly, On Wall Street, The Wall Street Journal, USA Today, Wealth Manager and Worth in addition to many local and regional newspapers.

He is a frequent speaker for legal, accounting, insurance and financial planning groups throughout the United States at seminars and conferences on advanced IRA distribution strategies, estate planning and trust administration topics including the AICPA’s Advanced Estate Planning, Personal Financial Planning Conference and Tax Strategies for the High Income Individual Conference.

Mr. Keebler graduated (cum laude) from Lakeland College with a degree in Accountancy and the University of Wisconsin – Milwaukee with a Masters in Taxation. Before practicing in Northeastern Wisconsin, he practiced with Price Waterhouse where he concentrated in taxation.


The Ultimate Estate Planner, Inc. and the presenter are not registered Continuing Education Sponsors and this program is not pre-approved for continuing education credit for any state or regulatory agency.

However, please note that each program includes a Certificate of Completion and, depending on the license and the regulatory agency for which governs a participant’s CE credit, some professionals may be able to self-report his or her participation and receive credit. It is the responsibility of the participant to complete any process necessary to seek self-reported CE credit for his or her participation. By registering for a teleconference (or purchasing on On-Demand program), you understand that CE credit is not guaranteed or warranted by the presenter or The Ultimate Estate Planner, Inc.


  1. Pam Wayer, CPA

    The presentation was very educational and as always presented clearly with excellent handout materials.

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