This certificate program is designed for professionals who are seeking proficiency in estate and trust administration, estate accounting and trust tax reporting. This comprehensive program builds from a tax and estate planning scenario to the execution of a will, estate administration, tax filing and reporting to the stakeholders and courts. Participants will learn by interacting with an actual case and preparing documentation that would typically be available for submission to legal, regulatory and taxation authorities. Many of the tools outlined and skills developed are applicable to any fiduciary engagement.

ADVISORY

To earn the Estate and Trust Administration and Taxes Certificate, you must attend all the live sessions. Sessions will be recorded - you will have access to review the recordings for a limited time.

Program participants will understand the traditional estate accounting sections and reporting, how to deal with unique transactions, estate administration efficiency opportunities and trust tax return preparation and death of a taxpayer filing. Participants will learn how to navigate an estate administration and recognize pitfalls associated with estate accounting. They will review trust reporting requirements and enhance their trust tax reporting acumen. 

Expect to leave this program with the confidence to assist anyone acting as an executor, estate trustee, attorney under power of attorney for property and fiduciary related engagements. 

Attendees should have an understanding of a what a fiduciary does and nominal understanding of the trust and estate planning process. It would be helpful if they have some insight on some of the planning and associated consequences of Death of a Taxpayer. Examples of professions and individuals who would benefit from this certificate include: 

• CPA Firm Owner 
• Vice President, Finance 
• Director of Finance 
• Senior Tax Manager 
• Insolvency Trustee 
• Senior Accountant 
• Tax Consultant 
• Anyone being asked to be an executor of an estate 

• Understand the estate administration process, fiduciary responsibilities and pitfall avoidance. 
• Review the components and preparation of Estate Accounting ("Passing of Accounts") Reports. 
• Consider nuanced scenarios such as: 
  • Unique Estate Distributions 
  • Digital Assets 
  • Legal and Family Law Claims Against an Estate 
  • Post Mortem Tax Planning 
  • Minor Beneficiaries 
  • Estate is a Beneficiary 
• Examine Death of a Taxpayer Tax Planning and administration efficiency opportunities. 
• Prepare and file Testamentary trust T3 tax and information returns. 

Live webinars have varying levels of expected interaction, with some requiring microphone and camera capabilities to support a proper learning experience – please email pdreg@bccpa.ca if you have concerns. 

In general, we encourage participants to have their cameras turned on to enhance their virtual learning experience. This practice promotes a stronger connection with the instructor and fellow participants, and fosters improved communication and collaboration.

Live Webinar FAQs can be found here.  

Registration terms and conditions, including the cancellation policy can be found here. If you require further assistance, please contact the PD Department.