Essential Estate Planning Through Effective Asset Titling

Even the most carefully drafted estate plan can fall short if assets are not titled correctly. Often, estate planning documents are properly drafted to achieve a client’s estate planning goals, but some or all of the assets comprising the client’s estate are not properly titled, resulting in unintended or disappointing outcomes. This presentation will include a general discussion reflecting the importance and benefits of proper asset titling to achieve estate planning goals, outline various forms of legal ownership of assets, and discuss how each form of ownership functions at the passing of the owner. Moreover, the presentation will emphasize the mechanics and necessary steps required to retitle or redesignate specific assets, including (i) brokerage accounts, (ii) real estate, and (iii) retirement accounts (beneficiary forms).

Key topics to be discussed include the following:

• Why proper asset titling matters
• Impacts of retitling certain assets
• Common mistakes and oversights in asset titling
• Forms of joint ownership of assets
• Practical retitling steps (brokerage accounts, real estate, etc.) 

This course is eligible for 1.0 credit.

To receive certified financial planner (CFP) or continuing education (CE) credit, you must complete a short multiple-choice quiz. You can expect 15-30 minutes to complete the quiz and must earn a passing score of at least 70 percent. 

Please note the following before you begin:

• You will need to provide the attendance verification code given during the on-demand course and your CFP identification number, if applicable, so have them both ready before starting the quiz.
• Upon passing, you will receive an email with your attached certificate. Keep this email for your records.
• After you have passed the quiz, WealthCounsel will report your credits to the CFP Board within 14 days, if applicable.
• This on-demand program is not eligible for certified professional education (CPE) credit.
• If you need to self-apply or submit information to an organization for other types of CE, you will find the agenda, bios, and other course materials under the Materials tab.
• You will receive a link to a brief course evaluation after completing the quiz. 

Click here to start the quiz.