July 9, 2025

Live Webcast

NYSED 4

Estate & Trust Primer Webcast

July 9, 2025
Live Webcast
NYSED 4
  • View Bio

    Instructor

    Donald
    Cooley

    View Bio

    Donald Cooley

    Bio
    Donald B. Cooley, CPA is a partner in the accounting firm of Cotner, Cooley, Clark & Sharp, LLC. He has over 25 years of public accounting experience specializing in tax, accounting, and management advisory for closely held businesses and individuals. His work experience includes time with local and Big Four accounting firms. He has been an adjunct faculty member at Rio Grande University and has presented a variety of tax topics for Surgent McCoy throughout the U.S over the past three years. Mr. Cooley is a graduate of Ohio University, with a degree in Accounting.
• Types of trusts
• Trustee powers
• Recognition and realization of income
• Elements of an estate
• Taxation of trusts and estates
• Basic concepts of estate planning

Learning Objectives

When you complete this course, you will be able to: • Identify the elements of a trust.
• Determine where a trust has situs.
• Recognize the difference between principal and income as defined by the Uniform Principal and Income Act (UPAIA).
• Identify tax payment and reporting requirements for estates and trusts.
• Distinguish between simple trusts and complex trusts.
• Determine when a grantor has a reversionary interest
• Recall how pooled income funds are taxed.
• Recall the filing requirements for estates and trusts.

Major Topics

• Types of trusts
• Trustee powers
• Recognition and realization of income
• Elements of an estate
• Taxation of trusts and estates
• Basic concepts of estate planning

CPE Credits Available

NYSED 4
4
Taxation (NYSED) - NYSED

Things to Know About This Course

Course Level

  • Basic

Professional Area of Focus

  • Taxation (NYSED)

Prerequisites

None

Advanced Preparation

None

Intended Audience

  • CPAs
  • Financial advisers
  • Estate attorneys

Provider

AICPA

This event has ended.